The City of Roma offers tax abatements to promote economic growth, create jobs, and enhance the quality of life. These incentives target property owners or lessees who develop or improve eligible facilities within designated Reinvestment or Enterprise Zones.
Location: The property must be within a designated Reinvestment or Enterprise Zone.
Project Type: New constructions, expansions, or modernization projects that enhance the property’s productive life.
Economic Impact: Must demonstrate a substantial benefit to the local economy, exceeding the foregone tax revenue.
Submission: Complete the Tax Abatement Application form and attach required documents, including:
Economic Impact Analysis.
Maps, plats, and drawings.
Financial history and project description.
Public Notification: The City will notify governing bodies of a public hearing at least 30 days in advance.
Approval: Applications are reviewed, and approvals are communicated promptly.
Job Creation: Projects must create or retain jobs in the City of Roma.
Local Benefits: Preference is given to projects using local labor, suppliers, and contractors.
Annual Reporting: Recipients must report on project compliance and economic impact.
Submit Completed Applications to:
Alejandro Barrera, City Manager
201 W Convent Blvd, Roma, TX
Email: abarrera@cityofroma.net
