Business
Kyle approves first-year incentive business applications
After no interest was generated in the inaugural year of Kyle’s First Year on Us (FYOU) plan, a trio of new businesses want to take advantage of the city’s tax rebate program.
FYOU offers rebates on businesses’ first year ad valorem taxes – up to $10,000 – to encourage development and construction of businesses both small and large. Three applicants applied for rebates this year and were unanimously approved by the council.
Kyle’s First Year On Us (FYOU) offers...