Buisness Facilities Contributed Content

APRIL 15, 2014

Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office. Inventory is exempt from property tax. Bond proceeds cannot be used for working capital or inventory. The combined state and local millage rate would then be applied to the assessed value.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

OCTOBER 19, 2012

Facebook opened its Austin office in May 2010 and doubled the facility’s size in October 2011. The Austin office represents Facebook’s first major U.S. expansion and is its largest operations office in North America outside of its Menlo Park, California headquarters.

Texas 45

Texas Fort Worth Dallas Airports 45

Buisness Facilities Contributed Content

MARCH 21, 2014

Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office. Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments.

Income 75

Income Finance Zoning Equipment 75