LOCATION & GOVERNMENT
City of Breckenridge, County of Stephens, State of Texas, located at Junction of U.S. Highways 180 & 183; 95 miles West of Fort Worth, 57 miles Northeast of Abilene. City Government Type Home Rule Number on Council 5 Municipal Police 11 Paid Firefighters 10 Volunteer Firefighters City Zoning Body Yes Master Plan Yes Population Year 2014 (est.) 2000 Census 1990 Census City 5,545 5,868 5,665 County 9,405 9,674 9,010
Tax Rate (per $100 Assessed Value) – 2014 Stephens County $0.7543 Breckenridge City $0.86183 Breckenridge ISD $1.12945 Hospital District $0.185 Total $2.93058 Sales Tax
Tax Rate (%)
State Sales Tax 6.250% Municipal Sales Tax 1.250% Economic Development Tax 0.500% Other Sales Taxes 0.250% Total Sales Tax 8.250%
Breckenridge and Stephens County have several effective tools available as incentives for area economic development. Incentives are typically based on primary job creation and may vary on a case-by-case basis. We are also aggressively pursuing quality of life improving businesses and essential services such as day care, etc.
Economic Development Sales Tax
The citizens of Breckenridge voted overwhelmingly in 2007 to pass a half-cent 4B sales tax to be used for industry, manufacturing, and business attraction and retention, to help provide affordable housing, and to address other quality of life issues. A city appointed board of seven community leaders head the Breckenridge Economic Development Corporation. Breckenridge has had a half-cent 4A economic development tax since 1990. The new 4B gives the Breckenridge EDC much more flexibility in providing funding for needed projects.
The City of Breckenridge is capable of providing reinvestment zones for the purpose of tax abatements, tax increment financing and public improvement districts.
Breckenridge has established the entire city as an Enterprise Zone. Qualifying businesses may receive a refund of state sales and use tax paid on equipment, machinery, and building materials purchased for use in the Zone based on the levels of job creation and capital investment.
Tax Increment Financing
The City of Breckenridge will consider using Tax increment Financing of needed public improvements in a defined area. This form of financing is backed by the tax increment generated by the development.
Property Tax Abatement
The City of Breckenridge and Stephens County will consider providing a property tax abatement on the appraised value of real property improvements and business personal property, to promote and retain high quality development in all areas of the city.
Chapter 380/381 Agreements
This sales tax sharing agreement in the form of a loan or grant is available to promote local economic development and to stimulate business and commercial activity in the city and county.
Triple Freeport Exemption
Various types of goods that are detained in Texas for 175 days or less, and are in Texas only for a limited purpose such as assembly, storage, manufacturing, processing or fabricating are exempt from property tax if considered Freeport property. The City, County and Breckenridge Independent School District will consider this tax exemption.
STATE OF TEXAS INCENTIVES
Our local leaders can help you locate and apply for incentives offered by The State of Texas. A brief overview of available programs is listed below.
Texas Enterprise Fund
This fund was created as a tool to attract business and create jobs in Texas. Applicants must make significant capital investment, provide high-quality jobs, and complete an Enterprise Fund application, approved in Austin.
Texas Emerging Technology Fund
This relatively new fund is targeted to support projects that create high-tech / emerging tech new jobs or lead to medical or scientific breakthroughs.
Texas Leverage Fund
Since Breckenridge has the 4B Economic Development sales tax in place, loan funds from the State are available to the Breckenridge EDC for eligible economic development projects. The fund can be used for interim, long-term, or gap financing.
Texas Capital Fund
The Texas Capital Fund provides economic development grants and loans to ‘non-entitlement communities’ such as Breckenridge. Use of the funds include road an utility infrastructure, acquisition and construction of real property, and main street public infrastructure improvements.
Texas Linked Deposit Program
This program was established to encourage lending to historically underutilized businesses, non-profit corporations and/or small businesses at low, fixed interest rates.
Industrial Revenue Bond Program
This provides taxable and tax-exempt bond financing for land and depreciable property for industrial or manufacturing projects.
Texas Manufacturing Assistance Centers
TMAC provides field engineers to work with small manufacturers to implement technologies and techniques that improve manufacturers’ ability to more effieiently produce high-quality products.
Small Business Development Center
Offered through Texas Tech University, the purpose of the SBDC is to assist new entrepreneurs in realizing their business potential and assist existing small business in remaining competitive in our changing global economy. It provides this no cost service through its affiliation with America’s most comprehensive small business assistance network in the country.
Our helpful staff can also assist you with numerous federal loan and grant programs for small business, that are available for Breckenridge businesses, including:
Small Business Administration (SBA) 504 Loan Program
which offers long-term, fixed rate financing to existing companies with sound business purpose
SBA 7(a) Loan Guaranty Program
which benefits small businesses by helping finance long-term loans through reducing risk taken by the lender.
USDA Business & Cooperative Programs
increase rural job opportunities, facilitate the development of rural businesses, and improve economic development. Available programs include:
- Business & Industry Guaranteed Loans
- Renewable Energy Loans & Grants
- Rural Business Opportunity Grants
- Rural business Enterprise Grants
- Value-Added Producer Grants
- Intermediary Relending Program
- Rural Economic Development Loans & Grants
- Rural Cooperative Development Grants
USDA Community Development Programs
enhance economic opportunities and quality of life for rural Texans by funding programs that create or improve telecommunications, community facilities, and water and wastewater systems. Available programs include:
- Water and Wastewater Disposal Direct Loans, Grants and Guaranteed Loans
- Emergency Community Water Assistance Grants
- Distance Learning & Telemedicine Loans & Grants
- Community Facilities Loans, Grants and Guaranteed Loans
- Solid Waste Management Grants
USDA Housing Programs
ensure rural communities have access to safe, well-built, affordable homes. Funds can be used to build, renovate or repair a home. Available programs include:
- Rural Housing Guaranteed Loans
- Rural Housing Direct Loans
- Housing Repair Loans & Grants
- Multi-Family Housing Guaranteed Loans
For more information on any of these programs, contact Virgil Moore at the Breckenridge EDC, Phone 254-559-6228, Email firstname.lastname@example.org.
Electric Delivery Electric Energy Delivery Oncor Electric Delivery Reliability 99.973948 Transmission Voltage 69 KV, 138 KV, 345 KV Service Voltage 120/208, 120/240, 240/480, 277/480 Natural Gas Provider Texas Gas Service BTU Content Per Cubic Ft. 1,000 Water Supplier City of Breckenridge Source Lake Daniel & Hubbard Creek Reservoir Maximum Daily System Capacity 4,200,000 gallons Maximum Daily Use to Date 3,660,000 gallons Pressure on Mains 80 psi Storage Capacity 1,650,000 gallons Size of Mains 6-30 inches System Looped Yes Sewer Treatment Plan Types Aeration-circulation, oxidation ditch Max Capacity 950,000 gallons Max Daily Use to Date 600,000 gallons Telephone Service Providers AT&T Digital Available Yes Analog Available No Electromechanical No Make and Model Ericsson AXE Software Level Fiber Optics Yes Switched 56 Kbps Yes High Capacity Digital (T-1) Yes Digital Data Service Yes 911 Available Yes Other Network Services Yes Television Service Providers Provider DirectTv 877-373-9168 Directv Packages
Nearest Airports Airport Name Stephens County Airport (BKD) Longest Runway Length 5,000 Runway Surface Asphalt Fuel for Purchase Yes Instrument Landing System Yes Lighted Yes Airports Within One Hour International Airports None Regional Airports Abilene Regional (ABI)
Stephens County Airport (BKD)
Municipal Airports None Fuel for Purchase Yes Rail Service Providers No information available Freight Carriers Airborne; Federal Express; Greyhound-Trailways Lines; Tex-Pack Express; United Parcel Service Public Transportation CARR City and Rural Rides
Employer Industry # of Employees ABC Printing Printing Service 12 Badger Rotary Drilling Drilling & Roustabout 50 Basa Resources, Inc. Oil & Gas Company 23 Beall’s Retail 8 Bold Ideas Firearm Manufacture 17 Breck Operating Corporation Oil & Gas Company 40 Breckenridge Auto & Engine Supply Automotive Parts Supply and Repair 11 Breckenridge Geophysical Oil & Gas Company 26 Breckenridge InterBank Financial Institution 18 Breckenridge ISD School District 260 Breckenridge, City of Municipality 87 Bridgeport Manufacturing, Inc. Manufacturing 79 Carstens Motor Company Auto Dealership 10 Cash Saver Grocery 45 Cedar Crest Care Center Nursing Facility 45 Delta Oil & Gas Oil & Gas Company 21 Dye, R.E., Mfg. Company Aircraft Components 60 Ezell Aviation Aircraft Repair/Construction 24 First National Bank of Albany/Breckenridge Financial Institution 32 Hanlon Gas Processing Gas Processing 19 J&J Oilfield Electric Oilfield Electric 29 Jonell Filtration Pdts., Inc. Filters 106 McDonalds Restaurant 35 PETEX, Inc. Oil & Gas Company 44 Ray’s Grocery & Market Grocery 15 Raydon Construction Construction 65 Singleton Moldings Picture Frames 12 Stephens County Government 49 Stephens Memorial Hospital County Hospital 138 Targa Midstream Serv. Gas Processing 10 TDCJ – Walker Sayle Unit State Prison 150 Texas State Technical College Education 35 Texas Tank Trucks Oilfield Trucking 35 Triple S Dynamics Metal Screens & Separators 25 Villa Haven Nursing Center Nursing Facility 61 Wal-Mart Discount Store 154
Area Colleges and Universities Texas State Technical College West Texas (various opportunities for distance learning offered at TSTC on the Breckenridge Campus); Abilene Christian University-Abilene; Cisco Junior College-Cisco; Hardin Simmons University-Abilene; McMurry University-Abilene; Ranger College-Ranger Vocational Program Available Yes State Industrial Job Training Available Yes Breckenridge (2008) Number of Schools Total Enrollment Elementary 3 872 Middle School 1 218 High School 1 467 Special/Head Start 1 40 Alternate Education 1 4 Private Schools 1 Budget $14,488,465.00
Production Classifications Occupational Title Entry Level Wage ($/hr) Low High Aircraft Mechanic 15.05 24.49 Assembler, General 7.97 13.65 Electrician 13.94 19.72 Electronics Assembler 13.40 22.06 Forklift Operator 6.50 10.00 Janitor, any industry 6.55 9.09 Laborer, General 8.00 12.55 Machinist/Related Occup. 11.05 16.39 Maintenance, General 8.85 16.43 Mechanic (Maintenance) 8.85 16.43 Sewing Machine (Garment) 6.49 8.78 Sheet Metal Worker 7.00 17.00 Truck Driver, Lt., any ind. 8.22 12.02 Warehouse Worker 6.00 12.02 Welder, Production 9.97 15.32 Office, Clerical and Technical Classifications Occupational Title Entry Level Wage ($/hr) Low High Accountant/Auditor 17.02 27.73 Computer Operator 10.10 18.80 Computer Programmer 28.86 43.84 Customer Service Rep. 9.75 14.76 Electronic Technician 15.72 21.41 General Office Clerk 8.30 13.04 Key Data Entry Oper. 6.00 6.00 Secretarial 9.46 14.45 Shipping & Rec. Clerk 8.67 12.88 Telemarketing 9.61 15.45
Health Care Total Hospital Beds in City 40 Total Doctors (Medical) in City 5 Media Daily Papers 3 Local Papers 1 Local TV Yes Cable TV Available Yes Recreation Parks 2 Area Lakes 3 Country Clubs 1 Health Centers Public Golf Courses 1 Theaters 1 Tennis Courts 4 Bed & Breakfast Facilities 3 Hotel & Motel Rooms 120 Libraries 1 Other Public gym; RV park and campground; boat rentals; soccer fields; baseball and softball parks; rodeo arena; horseshoe pitching court; aquatic center with pavilions Climate Annual Average Temperature 64.6 F Annual Average High Temperature 84.1 F Annual Average Low Temperature 43.3 F Annual Average Precipitation 26.0″ Annual Average Snowfall 1.8″ Elevation 1,220′ Houses Of Worship Apostolic; Assembly of God; Baptist; Catholic; Christian; Christian Scientist; Church of Christ; Episcopal; Kingdom Hall of Jehovah’s Witnesses; Methodist; Nazarene; Non-Denominational; Pentecostal; Presbyterian; Seventh Day Adventist Attractions Air Museum; Antique Car Show; Breckenridge Trade Days; Hunting and Fishing; Swenson Museum and Oil Museum Annex; Polo on the Prairie; Frontier Days; Fine Arts Center and Mural Capital of Texas Finance Breckenridge InterBank; First National Bank Albany/Breckenridge; Graham Savings