Sedgwick County Incentive Policy
The communities in Sedgwick County have an incentive policy for the expansion of existing businesses within Sedgwick County, Colorado and to encourage new businesses to come to our County, thereby stimulating the local economy by providing additional employment opportunities and expanding the tax base required to provide County services. These policies are different in each community, but we work together to provide economic incentives. This policy contains specific criteria, guidelines and procedures necessary to effectively and fairly administer economic development incentives.
Rural Jump Start Zone
Rural Jump-Start Tax Credit helps new businesses start in or move into Sedgwick County. The benefits for this program are:
- State Income Tax Credits for the new business
- State sales and use tax credits for the new business
- 100% of county personal property taxes for the business
- Municipal personal property taxes for the business
- 100% of state income taxes for the employee
Approved companies and their employees have four years of tax relief, with the possibility of extending it another four years. Your business may use rural jump-start tax credits only for each year you receive them. These tax credits do not carry forward to future years.
Enterprise Zone
The Colorado Enterprise Zone (EZ) Program is designed to promote a business-friendly environment in economically distressed areas by offering state income tax credits that incentivize businesses to locate and develop in these communities. Sedgwick County is in an Enhanced Enterprise Zone.
Investment Tax Credit - 3% of business personal property investment
New Jobs Credit - $3,100 or more per new employee
Health Insurance Credit - $1,000 per net new employee
Job Training Credit - 12% of eligible training costs
Vacant Building Rehab Credit - 25% of rehabilitation costs
Commercial Vehicle Tax Credit - 1.5% of purchase price
R&D Increase Tax Credit - 3% of an increase in research and development expenses
Sales & Use Tax Exemption for Manufacturing & Mining - Sales & use tax exemption
Commercial PROPERTY
Downtown Julesburg
Great Main Street Building with HUGE possibilities!! 2 front door main st. access with 972 sq. ft. for each side, great opportunity for a downtown business. It also offers 3 apartments upstairs that could have huge income revenue. Downtown buildings don't come up very often, so schedule your showing today. Don't miss OUT!!
I 76 & Hwy 385 Commercial Lots
3 Lots available for sale