Qualifying businesses considering locating in Farmersville have the opportunity to apply for a property tax abatement on new value created as a result of the project. Tax abatements are available from the City of Farmersville, Collin County and other jurisdictions, as applicable.
Farmersville EDC and the City of Farmersville will work directly with companies seeking tax abatements to locate, relocate or expand their operations. Abatement terms and amounts will vary by project.