is a Type B corporation that receives over $1 million annually from a half-cent sales tax. Chapters 501 – 505, Local Government Code is the section of Texas law that contains the rules governing the use of the economic development sales tax.
strives to provide incentives for eligible business/industrial development and community development projects. Our goals include helping with the retention and expansion of local businesses, entrepreneurial startup funding and recruiting of outside companies.
community development projects are permissible under the statute allowing the Pampa EDC to provide funding on eligible projects as determined by our board.
will consider providing incentives to eligible projects on a case by case basis. All projects require a public notice and public hearing. All projects over $10,000 require two votes of approval by the Pampa City Commission.
The Gray County Commissioners Court will consider property tax abatement for eligible projects on a case by case basis. Tax abatements may only be granted within reinvestment zones.
The Governors Office of Economic Development and Tourism (Texas) offers a variety of Incentive programs that companies may apply for. The Pampa EDC will be glad to provide assistance and contact information for any company interested in applying for state incentives.
to working with our local and area citizens to help grow our economy and provide a better quality of life for people who live here and for those that choose to visit us. Incentives can play a major role in being an impetus for new development and improvements that benefit the community. We invite anyone who is considering a project to meet with us. There is no charge or obligation.
The Pampa EDC offers one on one business coaching and consulting at no cost to any member of the Pampa community. These services are offered through a contract with Leading EDG, LLC a provider of economic development services to communities across the Panhandle and South Plains region. In Pampa, these services are provided by Spencer McElhannon an entrepreneur with over 35 years of experience in starting and operating small businesses.
Spencer is in Pampa each Thursday to meet with clients. He is glad to schedule meetings at the client’s convenience. You can contact the Pampa EDC office for an appointment.
Spencer has met with hundreds of clients in Pampa over the last eleven years, including new startups, existing business owners and individuals wanting to purchase or sell a business. Support does not end with an initial meeting. Spencer is available to meet with existing clients throughout the growth and operation of the individual's business. He continues to have a relationship with those who have a business, helping them to reach “the next level” in their venture. Even if a client’s efforts do not result in a business initially, help with a future endeavor is always available.
The Pampa EDC encourages anyone interested in starting a business or improving their existing business to take advantage of Spencer’s services. Again, these services are available at no cost to the client.
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