Any new developments within the PDA are exempt from the General Facilities Charge. The savings can be up to $150,000.
For any project located within the PDA boundary in-City utility rates will apply. Connections to existing systems will be discussed during the pre-development conference. Tap and meter fees will apply and depend on size.
Projects within the West Plains Airport Area have access to either Avista or Inland Power electrical service depending on location and Avista natural gas. The region has very competitive electrical rates starting at about $0.06/kWh and is over 90% renewable. Rates are negotiated with the utility provider.
Local municipalities offer incentives on low impact landscaping and alternative commute to work programs. We will discuss these opportunities as your design progresses or please let us know if you would like additional information.
A credit to employer B&O Tax is available for new employees within a Community Empowerment Zone (CEZ). The credit is determined by whether the new employee earns more than or less than $40,000 annually including benefits. To be a qualifying position the new employee must live somewhere within the CEZ. Each qualifying position over $40,000 may result in a credit of $4,000.00 and under a credit of $2,000.00. The employer applies for the tax credits. Once approved, the employer will apply the approved credit once the position is hired. As an example, assuming 50% of the employees reside in the CEZ and earn more than $4,000.00 the credit would be calculated as 250 employees x 50% residing in CEZ x $4,000 credit = $500,000.
Qualifying manufacturing equipment is exempt from the Washington State Sales Tax rate of 6.5%. The company applying the sales tax exemption must complete a Manufacturers’ Sales and Use Tax Exemption Certificate and provide it to the vendor. No application is required.
Washington State offers numerous incentives for companies in the aerospace industry which include: B&O Tax reduction, sales tax on facility construction, research and development and computer hardware/software/peripherals.
The warehouse tax remittance incentive allows for 100% exemption from the state’s portion (6.5%) of the retail sales or use tax paid on the eligible construction costs for qualified warehouses and distribution centers over 200,000 sf. The incentive also allows for a 50% exemption from the state’s portion of the retail sales or use tax paid on purchases and installation of material-handling and racking equipment. Eligible businesses receive the exemption in the form of a remittance from the department (RCW 82.08.820). The application is filed once retail sales tax or use tax has been paid for a calendar quarter.
Please note all incentives are subject to change and should be verified with the granting agencies for confirmation.