The City of Red Oak offers unsurpassed economic development incentives and financial inducements to high-value businesses and industries on a case-by-case basis.
Economic Development Incentive Programs (Local)
Local ad valorem property tax abatements are available from the City of Red Oak and from Ellis County.
The City of Red Oak and the Red Oak ISD have both adopted the Freeport Exemption for certain personal property (inventory) exemption from ad valorem property tax.
Relocation Support Relocation support is considered on a case-by-case basis depending upon the type of firm, total capital investment, and job creation.
Land Pricing Competitive land pricing is available on a case-by-case basis depending upon the type of firm, total capital investment, and the job creation.