Summary
Qualifying businesses considering locating to Athens have the opportunity to apply for a property tax rebate through the City of Athens Chapter 380 Economic Development Agreements.
Overview
Projects seeking tax rebate may contact the City of Athens to determine eligibility. Rebate terms are up to 10 years and the amount ranges up to 100% of real and personal property annually.
The Athens Economic Development Corporation (AEDC) will assist in the coordination with the City and County for tax rebates. Qualified businesses locating in Athens are eligible to apply for a rebate of the property tax for the value added to real or personal property by construction, renovations, additions, or personal equipment as allowed by law and approved by the participating taxing entities. Tax rebates on real and personal property improvements may be granted by all taxing entities except the Athens Independent School District.