Tyler residents and businesses enjoy the benefits of a well-managed tax structure. The City of Tyler has no General Obligation debt and has the lowest tax rate of all Texas cities over 15,000 in population.
In addition to having such low tax rates, tax abatements are also available to qualifying projects. At TEDC, we use abatements to encourage new investment in the Tyler area. Most tax abatements have averaged five years but can extend up to a maximum of ten years.