Ad Valorem Tax Concessions: New or expanding businesses locating in Colquitt County may be eligible for local ad valorem tax concessions. Our concession structure is based on the company’s capital investment, number of jobs created, and their average wage rate.
Freeport Exemption: Colquitt County provided 100% property tax exemption on raw materials, work in progress, and inventory of completed products shipped out of state.
Regional Training Program:The local Workforce Investment Board has a training program that will pay 50% of your payroll for up to ¼ of your workforce while they are in training. The program could save up to 12 ½ % on your total payroll expense. There are no time or monetary limits on the program.
Building Permits: The Development Authority will work with the Moultrie City Council and the Colquitt County Commission to reduce any building permit fees for the project.
Utility Tap Fees: The Development Authority will work with the City of Moultrie for reduced tap fees for water & sewer service at the new facility.
Lease Concessions: Lease concessions on existing buildings may be available for certain projects. Our investment depends on your investment in capital improvements, equipment and jobs.
IRB Financing: The Moultrie Colquitt County Development Authority will act as a financing vehicle to issue tax exempt bonds to qualifying projects.
Other Assistance: The Development Authority will serve as your agent where appropriate for site procurement, preparation, construction and lease improvements. You are responsible for generating the specifications for the finished building to ensure the finished project meets your needs and expectations.
For a complete list of business tax incentives and other programs, descriptions of each and how to qualify, check out the Georgia Business_Incentives_Brochure_8 25 14, or visit the Georgia Department of Economic Development site or the Georgia Department of Community Affairs site. GDEcD and DCA work closely with Georgia communities to develop unique incentives for nearly every situation.
In addition to the numerous statewide incentives that will be made available to new or expanding business in Georgia, Moultrie and Colquitt County offer the following local concessions.