SEDC Mission Statement

It is the primary goal of the Seagoville Economic Development Corporation to use funds derived from the half-cent economic development sales tax to encourage new business, promote growth and/or retention of existing businesses, creating new employment opportunities in our city, increasing our tax base and/or improving the quality of life.

SEDC meetings are held on the second Monday of each month at 6:30 PM. The public is invited to attend.

SEDC Background

Type B Sales Tax

In 1995 citizens of Seagoville passed two propositions, a half-cent sales and use tax for reduction of property tax rate and a half-cent sales and use tax for economic development and community improvements.

The Seagoville Economic Development Corporation (SEDC) was formed after the passage of the half-cent sales tax, which funds the corporation. A seven-person Board of Directors overseas the SEDC.

Type B funds can be used for community projects such as infrastructure, park improvements, and economic development projects such as incentives for business relocations or expansions of new and/or existing businesses.

The SEDC office works with existing and potential businesses in the areas of business expansion, retention and redevelopment through market development, education and training.

The Development Act (Type A-Type B)

For more information on The Development Act, please use these links:

Texas Economic Development Council