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News

Apr 07, 2021
The Victoria Economic Development Corporation Board of Directors have selected the Next Move Group to provide executive search services to assist them in finding the next leader of the organization.
Mar 30, 2021
The Victoria Economic Development Corporation Board of Directors has been asked to accept the resignation of President, Dale Fowler effective April 10, 2021.
Feb 24, 2021
The U.S. Small Business Administration is offering low-interest disaster loans to non-farm businesses of all sizes, private nonprofits, homeowners and renters in Texas counties who suffered losses caused by the severe winter storms that began February 11, 2021.

Triple Freeport Tax Exemption

The City of Victoria, Victoria County, Victoria Independent School District, and Bloomington Independent School District all allow Freeport exemption on certain types of tangible personal property (i.e., inventory) from ad valorem (property) taxation provided the property is:

  • Acquired in or imported into Texas to be forwarded out of the state.
  • Detained in Texas for assembling, storing, manufacturing, processing, or fabricating purposes by the entity acquiring or importing it.
  • Transported out of state within 175 days after the date acquired or imported it into Texas.

Please contact VEDC to learn if your business can benefit from this program.

Local Office: 361-485-3190
Toll Free: 800-765-8198 

vedc@victoriaedc.com