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News

Jan 15, 2021

On Tuesday, January 19th, the Victoria County Navigation District, which owns and operates the Port of Victoria, will consider approval of a Memorandum of Understanding (MOU) with Victoria County, the City of Victoria, the Victoria Sales Tax Development Corporation, and the Victoria Regional Airport with the goal of stimulating industry and commerce in Victoria County.

Sep 24, 2020
New Pipeline will connect the Eagle Ford Basin directly to the Port of Calhoun, creating more than 1000 new Texas jobs and increasing Texas oil exports.
Sep 15, 2020
Victoria EDC has partnered with economic development professionals in the region to conduct an impact analysis project as a member of the COVID-19 Business Resources Working Group. The results of the surveys will provide our legislators and local elected officials valuable information as they work to help our community and state recover.

Tax Abatement

The City and County of Victoria have established guidelines for the creation of reinvestment zones and granting tax abatements. Manufacturing, research or regional service facilities, distribution centers and other basic industries are eligible to apply. Economic qualifications include an increase to the appraised value of the property equal to or in excess of $500,000. In addition, the company must add a minimum of ten full-time positions.  Abatements are granted for up to eight years.

Download Tax Abatement Guidelines PDF

Please contact VEDC at vedc@victoriaedc.com or telephone 800-765-8198 or 361-485-3190 to learn if your business can benefit from this program.