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Economic Development Transparency

The Economic Development Transparency page is provided in an effort to increase transparency in the area of economic development and inform taxpayers about programs and incentives supported by tax dollars that are designed to attract industry and investment, create jobs and otherwise grow the economy. The City of Jersey Village strives to be an open government in all areas and is working to further develop information published for public viewing in the areas of finance, economic development, and debt obligations.

For more information on the City's designated Transparency pages, please visit our Transparency page.  

For more information on the Texas Comptroller's efforts to encourage transparency among local governments, please visit their webpage at https://comptroller.texas.gov/transparency/local/.  
You can find any Economic Development Corporation Reports from around Texas on the Texas Comptroller of Public Accounts webpage

Economic Development Summary

The City of Jersey Village is dedicated to achieving the highest quality of development, infrastructure, and quality of life for its citizens. Enhancing our local economy helps us to meet these objectives. Economic Development incentives are a vital component of how to grow our economy, because of the competitive nature of economic development not just from other communities locally, but throughout the state, country, and world. Jersey Village has a “pro-business” philosophy which is designed not only to attract high quality companies but to retain them as well. Furthermore, the City works to negotiate “win/win” incentive agreements, fully understanding the need for a fair and reasonable return on investment for our taxpayers on any agreement.

It is the City’s policy to attract new business and encourage new investments by utilizing Chapter 380 grants, as authorized by the Chapter 380 of the Texas Local Government Code, and Tax Abatements, as authorized by Chapter 312 of the Texas Tax Code. 

Tax Abatements

As of the end of the 2016 Fiscal Year the City has no tax abatement agreements, and has had no tax abatement agreements for the previous five fiscal years. 

The City of Jersey Village does not have an Economic Development Corporation. 

Chapter 380 Grant Agreements

Currently the city has one Chapter 380 agreement. Details pertaining to this grant is provided below. Click on the company name to view the agreement. 

 
Company Name Term Summary Description Min. # of Jobs Required Actual # of Jobs Added Minimum Investment by Company Total Paid Through FY2017 Future Estimated Payments Total Estimated Incentive
Southwest Developers LLC 2015-2030 Locate retail sales center within Jersey Village 15 53   $2,761,218 * tbd
Notes: *Sales Tax Data Confidential underTexas Tax Code 321.3022

 

Downloadable data on Tax Abatements and Chapter 380 Agreements

Jersey Village Economic Development Incentive Guidelines

Texas Comptroller of Public Accounts Economic Development Corporation Report search tool

 

Click here to contact City Staff.
Click here to contact the Mayor and City Councilors.
You can request copies of city records by following the instructions on this page.

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City of Jersey Village
16327 Lakeview Dr.
Jersey Village, Texas 77040
(713) 466-2100
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