Residential taxation rate (2010) - Minimum tax of $756.64
Commercial taxation rate (2010) - Minimum tax of $831.09
Mill Rate (2006) - $26.70
Business Incentives
Business incentives for new economic development by way of a declining percentage taxation.
1st year - 100% tax exemption
2nd year - 75% tax exemption
3rd year - 50% tax exemption
4th year - 25% tax exemption
5th year - 0% tax exemption
Application for Businesss Incentives for new economic development must be made to Council for the Town of Kyle. Applications are accepted at the Town of Kyle Office during regular office hours.Check with the town office for further information
Town of Kyle Small Business Loans Committee
Small Business Loans – Is still very active Denise Kelk is the Secretary with 5 members (John Noble/Chair; Lynn Fox; Dale Hope; Amy Wells; Dean Dirk) The maximum loan available is $15,000. Payments cannot exceed 5 years and receive 8% interest charge.
