The portion of the Sales Tax received by WEDCO & WIDCO is used to increase the quality of life for the citizens of Whitesboro Texas and to stimulate the economy.
Some of the projects that WEDCO/WIDCO has (or will be) utilizing the funds for, are as follows :
*Helped Pizza Hut and 7-11 with relocating the Utilities underground and fund the driveway between Pizza Hut and 7-11
*Helped relocate sewer for Holiday Auto Group to build a new building.
*Partnered up with TxDot to redo the sidewalks downtown
*To purchase the new Emergency Weather Sirens
*Purchased the animated Christmas Tree for downtown
*Purchased the speakers and banners for downtown
*Purchased the Lighting downtown
*Purchased the Lighting for Baseball Fields
*Purchased the flatwork at the Baseball Field
*Paid for the Strategic Plan
*Type B (Economic Development) has a Sign and Façade Grant to help with the cost of upgrading Business façade, Sidewalks or Signs.
*participate in the Teacher Program to send Whitesboro Teachers to a workshop during the summer to bring knowledge/experience to the Classroom.
*participate in the Manufacturing Program for High School Students to attend a Manufacturing internship.
*Paid for the New Walking Trail at Godwin Park.
*Paid for the Three Welcome Signs
* Paid for the outdoor reading Park at the Library
*Paid to have street signs replaced with the new logo
These are just a few things WEDC/WIDCO has utilized the Sales Tax that is received. On May 1, 2021 Whitesboro citizens voted to approved the expenditure of the Elevated Water Storage Tank. WEDCO/WIDCO plan to continue to utilize the funds received to encourage growth to our economy and quality of life to the Citizens of Whitesboro.
The Type A sales tax is primarily intended for manufacturing and industrial development. EDCs may use Type A revenue to fund land, buildings, equipment, facilities expenditures, targeted infrastructure and improvements for projects including:
manufacturing and industrial facilities, recycling facilities, distribution centers, and small warehouse facilities; research and development facilities, regional or national corporate headquarters facilities, primary job training facilities operated by higher education institutions, job training classes, telephone call centers and career centers not located within a junior college taxing district; certain infrastructure improvements that promote or develop new or expanded business enterprises; With voter approval, Type A EDCs may fund projects eligible under Type B without voting to abolish the Type A tax and impose the Type B tax. In this situation, a Type A EDC must publish notice of its intent to fund a Type B project, hold at least one public hearing and conduct a special election.
The Type B sales tax may be used for any project eligible under Type A rules and several other project types, including quality of life improvements. Type B corporations may pay for land, buildings, equipment, facilities, targeted infrastructure and improvements for:
athletic facilities, tourism and entertainment facilities, convention facilities and public parks; related store, restaurant, concession, parking and transportation facilities; sewer facilities; and affordable housing.
To promote and develop new and expanded business enterprises that create or retain primary jobs, a Type B EDC may fund:
public safety facilities; recycling facilities; demolition of existing structures; general municipally owned improvements; and maintenance and operating costs associated with projects.
Type B EDCs also may seek voter approval to spend Type B sales tax funds for a water supply, water conservation program or cleanup of contaminated property.