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 theFreeport Exemption for certain personal property (inventory) exemptions from ad valorem property tax. 
• Economic incentives are available on a case-by-case basis from 'Type A' sales tax-funded Red Oak Industrial Development Corporation (ROIDC), and the 'Type B' sales tax-funded Red Oak Economic Development Corporation (ROEDC). 
• The City of Red Oak also has access to the full compliment of State of Texaseconomic development incentives and financial inducements. 

Overview of Local Incentive Programs (PDF)

• Tax Abatement Policy: City of Red Oak (PDF) 
• Tax Abatement App & Environmental Compliance Letter: City of Red Oak (PDF)(Excel - Application Only)
• Tax Abatement Policy & Worksheet: Ellis County (PDF)
• Freeport Tax Exemption: City of Red Oak & Red Oak ISD (PDF)  (Freeport Exempt Web Site)(Freeport Exemption Application)
• Chapter 380 Agreement: City of Red Oak (PDF)

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. 

Economic Development Incentive Programs (State of Texas)

Overview of State of Texas Programs(PDF)

Incentives Programs: Local and State of Texas (PDF)

• Texas Enterprise Zone: Office of the State Comptroller (PDF) (TEZ Web Site)
• Texas Capital Fund: Texas Department of Agriculture (PDF) (TCF Web Site)
• Texas Enterprise Fund: Office of the Governor (PDF)  (TEF Web Site)
• Texas Skills Development Fund - Workforce Training (PDF) (TSDF Web Site)
• Texas Business Incentives & Programs Overview - TX Governor's Office (PDF)