Tax Abatement

Workers are seen in the Amazon.co.uk warehouse in Milton Keynes, north of London

POLK COUNTY ECONOMIC DEVELOPMENT AD VALOREM TAX EXEMPTION

The Polk County Economic Development Ad Valorem Tax Exemption (“Exemption”) is an exemption of taxes to encourage quality job growth in targeted high value added businesses. The exemption was implemented to support economic growth and enhance the county’s ability to be competitive. The Exemption was designed to encourage new business development and retain local business with planned expansions.

Guidelines & Application        Ordinance

LAKELAND COMPANIES RECEIVING TAX ABATEMENT 

Year CompanyType% of Taxes AbatedYears of ExemptionTotal Amount of Award
2013Brew HubIndustrial50%10$453,360
2013AmazonIndustrial100%10$4,487,230
2013SteriPackManufacturing25%5$31,145
2014Pepperidge FarmManufacturing50%3$70,059
2014Southern Wine & SpiritsIndustrial25%10$826,670
2015DS ServicesOffice50%10$406,550
2015Publix - BakeryManufacturing50%10 $763,770
2015KeymarkManufacturing50%10$561,226
2016Publix - Deli Line Exp.Manufacturing50%3$152,706
2017Publix - KitchenManufacturing50%7$244,473
2017IGTManufacturing 50%10$477,671
2017GEICOOffice100%7$564,900
2018DHL SupplyIndustrial75%5$214,890
2018PublixOffice100%10$1,632,070
2018Project SunshineIndustrial50%5$139,525