Seguin City Council committed to spending more than $1 million on economic growth in the coming year.

The Seguin Economic Development Corporation presented its fiscal year 2020-2021 budget to council Tuesday evening during a regular city council meeting, and council approved the SEDC’s request. At the helm of the presentation was Seguin Economic Development Corporation Executive Director Josh Schnueker, who said the Seguin Economic Development Corporation anticipates about $1.3 million in tax revenue for the latest fiscal year.

Joe Martin is a staff writer for the Seguin Gazette. You can e-mail him at joe.martin@seguingazette.com .

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(1) comment

Shepard

After watching the building over the last 30 years, beginning on the west side of San Antonio and sundialing north through New Braunfels, I’m am totally baffled by the need to offer tax incentives to businesses to move to Seguin.

In my mind, taxes are supposed to favor no one, applied equally. This tactic of deferring or reducing tax liabilities for big business to move to our area is merely a perversion of the tax system and corruption.

Only a blind person could miss the population movement this direction, and only a fool would offer people money for the obvious.

NO more tax incentives. You have a business and want to move here? Pay the rate that the rest of us pay and that small business pays.

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