Economic Development

Share & Bookmark, Press Enter to show all options, press Tab go to next option
Print

The City of Keller is committed to the attraction, expansion and retention of high-quality projects in all parts of the community that diversify the tax base and enhance the quality of life for all citizens. To that end, the City of Keller will consider economic development incentives on a case-by-case basis in accordance with the City of Keller Economic Development Incentive Policy.

The city enters into economic development agreements authorized under Chapter 380 of the Texas Local Government Code. These agreements are planning tools designed to stimulate economic activity, redevelopment, community improvement, and provide a return on investment for the community. These programs abate or rebate property and/or sales taxes on investment for the incentive payments such as fee reductions or construction costs reimbursements. In fiscal year 2025, the City of Keller rebated and reimbursed $330,016 in ad valorem, building permits, and hotel occupancy taxes, equating to $6.95 per capita.* 

*Per capita amounts based on FY2025 population of 47,516.

 Economic Development Summary FY 2024-25  
 Number of Tax abatements granted in FY 2024 No active tax abatements
 Estimated taxes abated in year one of agreement as total No active tax abatements
 Estimated taxes abated in year one of agreements per capita No active tax abatements
 Estimated taxes foregone for life of all agreements $7,146,410
 Number of jobs created/retained by all agreements 254 
 Total capital investment received for all active agreements $57.1M

 

  Actual Reimbursements & Rebates by Type and Fical Year FY 21-25

 Total Reimbursements & Rebates FY 2021-2025

 Number of Economic Development Incentives Granted FY 2021-2025

Downloadable data

City of Keller Actual Reimbursements & Rebates by Type

Details about the City of Keller's incentive agreements such as agreement type, recipient, and estimated value of incentives are summarized in spreadsheet format below:

City of Keller Economic Development Incentives FY 2025



380 Contracts
   
Ben Investments LLC      
FLEXD Keller LLC      
Houghton Horns LLC      
KP Bowden LLC


 
KCS Hospitality Group

   
Keller House Collective, Inc.      
Keller Main 234 LLC      
Las Palapas 
 
 
ME Development LLC      
R&K Sales, Inc dba Penguin Patch      
Routzon Properties LLC      
Swanky Chic Boutique       
Taurus Investment Group      
129 Medi Inc.       

View our active chapter 380 agreements on the Texas Comptroller's 380/381 registry.

Government Reports and Guidelines for the City of Keller:

  • City of Keller's Tax Abatement Guidelines and Criteria
  • Governmental Accounting Standards Board (GASB) Statement No. 77 provides guidelines for reporting on tax abatements. Click here to view the summary or the entire statement.
  • Information in the City's FY 2024-25 Annual Comprehensive Financial Report regarding tax abatements is provided in note 11 of page 67 click here
  • To view reports files by local governments, visit the Texas State Comptroller's Economic Development Corporation Report search tool here. 

Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.

Download Acrobat Reader Download Windows Media Player Download Word Viewer Download Excel Viewer Download PowerPoint Viewer