League City

League City

City Summary

League City is an ideal setting for corporate relocation, development of new destination retail, lifestyle centers, or opening a new business. League City continuously ranks among the best communities in the state and it is easy to see why with an average annual household income of more than $103,000, the best large school district in the Houston area, high community public safety ratings, and abundant recreational activities. As a premier residential community, our residents have easy access to the waterfront, golf courses, and master planned communities that enhance the quality of life for all who call League City home.

The City is focused on attracting top-tier regional, national, and international employers to occupy the 48% of the City that remains undeveloped. The geographical advantage of the Texas Gulf Coast, access to an ever-expanding transportation system, and available property for development is ideal for corporations, employees, and their families. League City offers a small town feel with a big city approach and we invite you to Come Join our League!


League City

Demographics

Population (2014 Est.)
Males 47,373
Females 47,030
Total 94,403
Incomes (2015 Est.)
Median Household $111,819
Per Capita $44,676
Education (Ages 25+)
High School or Higher 95.30%
Bachelor’s Degree or Higher 43%
Graduate or Professional Degree 14.30%

Taxes and Business Costs

Taxing Entity Adopted Tax Rate Maintenance & Operations Rate Debt Rate Effective Tax Rate Effective Maintenance & Operations Rate Rollback Tax Rate
CLEAR CREEK ISD
Tax Year 2016 1.4 1.04 0.36 1.314166 0 1.425549
LEAGUE CITY, TEXAS
Tax Year 2016 0.57 0.410497 0.159503 0.550866 0.382601 0.579816
GALVESTON COUNTY
Tax Year 2016 0.552 0.464209 0.087791 0.557981 0.464838 0.598946

Sales Tax Rate (2017): 8.0%

Incentives

Promoting Economic Development

The City Council of the City of League City may provide loans and grants of city funds as well as city employees and equipment to promote economic development projects within the city. Eligible projects involving significant investment may contract with the City to receive sales tax grants, franchise fee grants, water or sewer line extensions, building permit fee waivers and grants for capital recovery fees.

Tax Abatements

A project may be eligible for tax abatement if it is a business or manufacturing facility, research facility, distribution center, regional service facility, basic industry, or other facility “deemed essential to the City’s growth.” A project may be eligible for abatement of taxes up to 100 percent and for as long as 10 years, depending upon the amount of expenditure and/or the number of employees. Reinvestment in an existing project or expansion of existing facilities may also be eligible for tax abatement.

Freeport Property Tax Exemption

The Freeport Exemption exempts personal property consisting of inventory goods or ores, other than oil, natural gas and petroleum. Eligible property must be transported out of the state within 175 days of acquisition but may first be assembled, stored, manufactured, processed or fabricated locally.

Public Improvement Districts

A Public Improvement District (“PID”) enables a commercial area to make improvements benefiting the area and spread the cost equally among all properties. The City can levy and collect special assessments on property owners within the PID. These assessments may be used to pay the debt service on bonds or they may be used to pay for services directly if no bonds are issued. PID funds may be used to purchase real property in connection with improvements. Improvements include a wide variety of enhancements such as water and wastewater, streets, drainage, parking, landscaping, etc.

Tax Increment Reinvestment Zone

Developers of business property within a defined area (i.e. business parks, service centers) may receive municipal financing assistance through the use of tax increment financing. The City Council may create a Tax Increment Reinvestment Zone (TIRZ) where construction of public improvements using tax increment funds is likely to result in significant commercial investment. The cost of improvements within the zone is repaid by the contribution of future tax revenues by each taxing unit that levies taxes on the affected properties. Once the city initiates tax increment financing, counties and school districts may also participate in the tax increment financing program.

Municipal Management Districts

Municipal Management Districts allow commercial property owners to enhance a defined business area by financing facilities, infrastructure and services beyond those already provided by the municipality. The improvements may be paid for by a combination of self-imposed property taxes, special assessments and impact fees, or by other charges against property owners within the district.

Municipal Development Districts

These districts are financed through an additional sales tax approved by the city’s voters. The district has the capacity to utilize funding for economic development projects from type A and type B funding.

Empowerment Zone

Qualified businesses locating in the zone are eligible for municipal grants to assist in extending public utilities. The business must invest $250,000 in improvements to be eligible for municipal grants.

Industrial Revenue Bonds

Tax Exempt Industrial Revenue Bonds are designed to provide tax-exempt financing for land and depreciable property on eligible industrial or manufacturing projects. The maximum bond amount is $20 million (which can include certain capital and administrative costs). These bonds must receive a reservation under the state's volume limitation ("volume cap") managed by the Texas Bond Review Board. The City of League City Economic Development Department may elect to assist qualifying projects through this process, which saves expense to the company through lower interest rates.

City Financed Infrastructure Improvements

The City may opt to assist or finance all or a portion of the infrastructure that may assist a development project when the City leadership team and City Council determine it to be in the long-term interest of the city, particularly in a manner that exceeds the needs of the applicant.

Points of Contact

 

 

League City - City Hall
300 W. Walker
League City, TX 77573
281-554-1000
www.leaguecity.com

 

Downloadable/External Content

State of the City Video

PDF Document  2017 Community Profile

PDF Document  Development Process Flowchart

PDF Document  League City Strategic Plan

PDF Document Development Opportunities Map

Development Map

Zoning Map

Downtown Revitalization Brochure

Downtown Revitalization Page

Available Properties

28.113 Acre Site Flyer

24.11 Acre Site Flyer

4.96 Acre Site Flyer

2.94 Acre Site Flyer

1.1 Acre Site Flyer

44.1 Acre Site Flyer

34.9 Acre Site Flyer

42 Acre Site Flyer

11.3 Acre Site Flyer

55.1 Acre Site Flyer

71 Acre Site Flyer

264 Acre Site Flyer

92 Acre Bay Area Boulevard Flyer

50 Acre MarBella Site Flyer

4.82 Acre Tuscan Lake Site Flyer

38 Acre Whispering Lake Site Flyer

Source of Business and Labor Numbers: The Next Move Group