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Departments >  Economic Development
Economic Development

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Serving properties in Carroll & Whiteside Counties

Betty J. Steinert
Whiteside County Development
200 E. Knox St.
Morrison, IL 61270


Phone: (815) 772-5175
Fax: (815) 772-5249

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

State Incentives

  • Investment tax credits of 0.5% on machinery, equipment, and existing buildings.
  • Sales tax exemption of 5% for construction materials purchased from a qualified retailer with a Enterprise Zone Sale Tax Certificate. (Plus local sales tax of 1.25% - 1.75%)
  • A 5% sales tax exemption on machinery used or consumed in operation of pollution control facilities to qualifying companies.
  • A $500 state income tax credit for each job created (minimum of 5 jobs) for which a certified dislocated worker is hired.
  • Qualifying companies locating inside the zone can be eligible for an exemption of state utility tax (5%) and the 0.10% administrative fee.
  • State income tax deductions including dividend, income, interest, and contribution deductions.
  • All state of Illinois business-financing programs are available to companies locating, expanding, or retaining jobs in the Enterprise Zone.

Local Incentives

  • Property tax abatement on improvements in the Whiteside County Enterprise Zone as long as the property is not located in a Tax Increment Financing District (TIF). Abatements vary from 35% to 94% for five(5) years. Abatement is determined by project location. Projects creating 500 full-time jobs and investing at least $25,000,000 ($25M) maybe eligible for a ten (10) year abatement. The Enterprise Zone Administrator will provide a tax abatement estimate upon request.
  • Local sales tax exemption of 1.25% - 1.75% for building materials purchased from retailers with a Enterprise Zone Sale Tax Certificate (totaling 6.25% with IL incentive of 5%).

State and local business financing assistance programs and employee training are also available.

In September of 1987 the City of Sterling initiated an application for enterprise zone certification with the Department of Commerce and Community Affairs. In the mean time the Cities of Rock Falls, Morrison and Whiteside County decided it would be a good idea to participate and be included. On March 30, 1988 the Whiteside County Enterprise Zone received certification designating the Cities of Morrison, Rock Falls, Sterling and rural areas in Whiteside County as an enterprise zone for 20 years. In 1990 designated areas of Prophetstown, Fulton and Lyndon were added and in 1991 parts of Carroll County including areas in Savanna and Thomson were added to the zone. In 2003 areas located in Mt. Carroll were also added to the zone. At the present time the Whiteside/Carroll Enterprise Zone consists of areas in the nine communities and two counties of which are Sterling, Rock Falls, Morrison, Fulton, Lyndon, Prophetstown, Savanna, Thomson, Mt. Carroll and the rural areas of Whiteside and Carroll Counties. In 2003 the zone termination date was successfully extended from 2008 through 2018.

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