The Wylie Economic Development Corporation, City of Wylie and state of Texas have a wide range of tools available to help expanding companies locate and grow in our wonderful community. While most incentive packages are funded at the local level, the WEDC will assist you with any applicable state or national incentive programs which may be available.
The WEDC is funded by a ½-cent sales tax imposed on the purchase of local goods and certain services. Those monies are earmarked for funding all WEDC operations including incentive programs. All incentive packages are developed by WEDC staff and presented to the WEDC Board of Directors for their consideration. With project criteria requirements evaluated on a case-by-case basis, key elements typically evaluated include the amount of added taxable value for real and personal property improvements and number of new/retained jobs. While examples of existing funding mechanisms are listed below, the WEDC stands ready to identify your specific needs and tailor an incentive program to meet those needs. Such incentive programs include: