Local Incentives

Industrial Revenue Bonds

Eligible development projects may petition the City to issue Industrial Revenue Bonds to finance eligible development projects using the City of Abilene's credit. This allows projects to execute projects at a lower interest rate than what can typically be obtained in the private capital markets. The developer pays the bonds directly, while the City leases the improvements to the developer until such time as the bonds are retired.  This incentive provides a lower-than-private financing mechanism, a sales tax exemption for improvements, and includes a ten-year ad valorem property tax abatement.

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Kansas Economic Development

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Category: Local

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Kansas law allows a municipality to abate ad valorem property taxes related to new construction, expansion of buildings, or the purchase of land and installation of equipment for eligible businesses for up to ten-years.  Learn More
  GENERAL PURPOSE AND OBJECTIVES The purpose of the Dickinson County Building Facade Revolving Loan Fund is to encourage Dickinson County, Kansas businesses to improve and to promote commercial revitalization.  The Building Fascade Revolving Loan Program is a collaborative effort between the Community Foundation of... Learn More
Passed in early 2022, the Board of Dickinson County Commissioners authorized the participation in the Rural Opportunity Zone Student Loan Repayment Program. Through this resolution, Dickinson County will pay in equal shares with the State of Kansas the outstanding student loan balance of any resident individual... Learn More
Have you thought about moving back to your home community? Have you had your college degree for more than 3 years? Are you in your late twenties, still have some student debt, and are weighing the option of returning home to raise a family? Now... Learn More
The Department of Commerce is offering matching grants for the revitalization of underutilized, vacant, or dilapidated downtown buildings through the Historic Economic Asset Lifeline (HEAL) program. The grants are intended to bring buildings back into productive use as spaces for new or expanding businesses, childcare,... Learn More
Dickinson County is now recognized as a Kansas Rural Opportunity Zone (ROZ).  If you are an eligible employee, you may qualify for a 100% Kansas Income Tax Credit as well as up to $15,000 of student loan forgiveness over five years.   If you are... Learn More
The City of Abilene, in partnership with Dickinson County and Unified School District 435, grants rebates on ad valorem property taxes on eligible properties for a period of ten-years. The program is designed to encourage private investment in Downtown Abilene and the N. Buckeye Avenue/NE... Learn More
The City of Chapman offers a tax rebate incentive that is available for certain improvements or renovation of property within the designated area, in accordance with the provisions of K.S.A. 12-17, 114 et seq.   Learn More
The City of Solomon offers a tax rebate incentive that is available for certain improvements or renovation of property within the designated area, in accordance with the provisions of K.S.A. 12-17, 114 et seq.   Learn More
The City of Herington offers a tax rebate incentive that is available for certain improvements or renovation of property within the designated area, in accordance with the provisions of K.S.A. 12-17, 114 et seq.       Learn More