Economic Incentives
Burnet's Economic Development Team, working with local Realtors, maintains a current list of commercial and industrial buildings and sites available. 
 
The Burnet Industrial Foundation owns a tract of land 1.2 miles south of the center of the City on US Highway 281 and directly across from Burnet's Municipal Airport. The rail line from Austin runs along the eastern boundary of the Industrial Park.
Click here for a list of available properties or contact your local realtor.
 Special features of the Industrial Park are:
  • Building permits are easily obtained
  • Location within the City limits assures fast response time from Police, Fire, and E.M.S. services.
  • Strong financial backing by local banks.
  • City utilities are in place
  • City and County offer tax abatement to qualifying businesses
  • City utility incentives are available for qualifying businesses
JOINT ECONOMIC RESOLUTION
The City of Burnet is committed to the promotion of quality development in all parts of the City and to improving the quality of life for its citizens. In order to help meet these goals, the City will consider providing tax abatement and other incentives within the "Reinvestment Zone" to stimulate economic development within the City. It is the policy of the City that such incentives will be provided in accordance with the procedures and criteria outlined in this document. However, nothing in this policy shall imply or suggest, by implication or otherwise that the City is under any obligation to provide any incentive to any applicant; and all such decisions and actions shall be at the sole discretion of the City Council. All applicants for tax abatement and other economic development incentives will be considered on an individual basis.
 
It is the intent of the City to offer tax abatement and other economic development incentives on an individual basis so that the total package of incentives, if any, may be designed specifically for each project which is proposed. This approach will allow the City the flexibility necessary to satisfy the unique needs and concerns of each applicant and the needs and concerns of the City and its citizens.