Williamson County PILOT Program
Williamson County offers a Payment in Lieu of Tax (PILOT) program which could qualify industries for tax breaks in lieu of ad valorem taxes. Terms are decided by the Industrial Development Board of Williamson County (IDBWC) based on the industry’s economic needs and considerations. Some determining factors of the PILOT Program are listed below. Additional requirements are available through the Economic Development Office .
The current administration’s policy is to preserve and protect the county’s property tax base earmarked for public education. These taxes are not a part of the PILOT agreement.
To Qualify:
The industry must be a lessee of the IDBWC,
The industry must receive final approval from the County Commission, and
The industry must be approved by the IDBWC based on a number of subjective considerations including, but not limited to:
- the quality of jobs created
- the education level of jobs created
- the salary of jobs created
- the impact of the industry on the environment
- the eventual impact of the industry on local tax revenues
- the capital investment that the industry will bring to the community
- the effect of the industry on the strategic planning of the community
- the impact of the industry on existing business
- the financial strength and stability of the industry
- the impact of the industry on local property values
- the impact of the industry on local infrastructure
- the number of jobs created
- the impact on the character of the community
- whether the industry is new or an expansion of an existing business
Development/Infrastructure Cost Assistance
Williamson County will explore the possibility of identifying site specific infrastructure development to offset development costs and/or participate in pursuing a State of Tennessee FastTrack Infrastructure Development Program.
Concierge Permitting
A dedicated staff member from the local codes department could be assigned to expedite zoning (if a change is necessary), permitting, and construction.
Customized Training
Williamson County and the Columbia State Community College Office of Economic Workforce Development will work with individual businesses to customize on-site or off-site training to meet specific workforce needs.
Joint Media Announcements
Williamson County will work with existing or new companies to announce expansion or relocation plans to generate positive press for a company and potential applicants to fill those positions.
