Property Tax Exemption
- Category: Incentives
Q: What property is eligible for tax exemption?
- New Business
Buildings, land, and tangible personal property
- Existing Business
Expansions to existing buildings will be given consideration
Q: What types of businesses are eligible?
- New and Existing businesses involved in (a) manufacturing, (b) research & development, or (c) storing goods traded in interstate commerce
- Existing businesses are only eligible if new employment is created
Q: How long does the tax exemption last?
- Exemptions may extend up to 10 years
Q: What is the general process for obtaining a tax exemption? learn more...
Step 1: Contact a City designee for preliminary review
Step 2: Complete the Property Tax Exemption Application (Available Here!) and submit to City Clerk
Step 3: Cost-Benefit Analysis preparation
Step 4: Public Hearing and Governing Body review
Q: What is the City of Augusta's policy on tax exemptions?
- Read the City's Property Tax Exemption Policy