Sarasota County Business Tax Waiver (August 2010)
This measure was approved
- YES 40,998 (66.94%)
- NO 20,250 (33.06%)
This measure will allow new or expanding businesses the opportunity to have a portion of their property taxes waived. New businesses that add jobs to the county could potentially get ten years with 100 percent of their property taxes waived. A set of rules will be used to judge if a business should obtain this waiver. Commissioners were hoping this incentive will attract more businesses to the county.