City of Keller, TX
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The City of Keller is committed to the attraction, expansion and retention of high-quality projects in all parts of the community that diversify the tax base and enhance the quality of life for all citizens. To that end, the City of Keller will consider economic development incentives on a case-by-case basis in accordance with the City of Keller Economic Development Incentive Policy.
The city enters into economic development agreements authorized under Chapter 380 of the Texas Local Government Code. These agreements are planning tools designed to stimulate economic activity, redevelopment, community improvement, and provide a return on investment for the community. These programs abate or rebate property and/or sales taxes on investment for the incentive payments such as fee reductions or construction costs reimbursements. In fiscal year 2023, the City of Keller rebated $206,242 in ad valorem and hotel occupancy taxes, equating to $4.90 per capita.*
*Per capita amounts based on FY2023 population of 46,454.
| Economic Development Summary FY 2022-23 | |
| Number of Tax abatements granted in FY 2023 | No active tax abatements |
| Estimated taxes abated in year one of agreement as total | No active tax abatements |
| Estimated taxes abated in year one of agreements per capita | No active tax abatements |
| Estimated taxes foregone for life of all agreements | $4,074,730 |
| Number of jobs created/retained by all agreements | 50 |
| Total capital investment received for all active agreements | $24.9M |
Downloadable data
City of Keller Actual Reimbursements & Rebates by Type
Details about the City of Keller's incentive agreements such as agreement type, recipient, and estimated value of incentives are summarized in spreadsheet format below:
City of Keller Economic Development Incentives FY 2023
| 380 Contracts | |||
| KP Bowden LLC |
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| KCS Hospitality Group |
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| Las Palapas |
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| R&K Sales, Inc dba Penguin Patch | |||
| Swanky Chic Boutique | |||
| Taurus Investment Group | |||
View our active chapter 380 agreements on the Texas Comptroller's 380/381 registry.
Government Reports and Guidelines for the City of Keller:
- City of Keller's Tax Abatement Guidelines and Criteria
- Governmental Accounting Standards Board (GASB) Statement No. 77 provides guidelines for reporting on tax abatements. Click here to view the summary or the entire statement.
- Information in the City's FY 2022-2023 Annual Comprehensive Financial Report regarding tax abatements is provided in note 11 of page 67 click here.
- To view reports files by local governments, visit the Texas State Comptroller's Economic Development Corporation Report search tool here.
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