Why offer incentives?

  • December 9, 2016

A company like Kalahari is highly prized as a corporate citizen, making recruitment very competitive and incentives often necessary. Kalahari will generate an estimated $4.7 million of new net tax revenue a year to the City and bring hundreds of new jobs to Round Rock. The City believes the project will attract additional businesses and development in Round Rock beyond the $350 million investment Kalahari will make for its resort.

The City has used incentives in the past to attract other highly desirable companies to Round Rock and has a proven track record of providing performance-based incentives to businesses that expand employment opportunities and the tax base. Examples are Dell, Dell Diamond, Round Rock Premium Outlets, IKEA, Bass Pro and Emerson. These companies are assets to the community and our economy.