About the Hutto Economic Development Corporation
The Hutto Economic Development Corporation is the designated economic development entity for Hutto, Texas. For the last two years, Hutto has been named the fastest growing community in Texas by the Texas State Data Center. Southern Business & Development named Hutto one of the “Top 100 Places in Major Markets to Locate Your Business.” In 2009, the Hutto Economic Development Corporation was named one of only 25 Accredited Economic Development Organizations® by the International Economic Development Council.
Like Hutto, the Hutto Economic Development Corporation has experienced significant change from its origins when over 71% of Hutto voters approved its funding in a citywide election held on May 4, 1996. The vote levied “an additional sales and use tax within the City of Hutto for the promotion and development of new and expanded business enterprise at the rate of one-half of one cent.” The half cent Section A (Formerly 4A) economic development sales tax revenue has grown from approximately $40,000 annually to currently almost $500,000 annually.
Today the Hutto Economic Development Corporation is lauded as a model economic development organization among entities serving communities its size. It serves the smallest population of any Accredited Economic Development Organization® and is the smallest population community participating in the Cost of Living Index (COLI) conducted by the Council for Community and Economic Research. The Hutto Economic Development Corporation was among the first economic development entities to leverage its resources by utilizing electronic communication and social media including Facebook, Twitter, and Flickr.
The Hutto Economic Development Corporation offers a comprehensive menu of economic development services including:
> Comprehensive Community Information
> Economic Incentive Coordination with State Agencies
> Custom Research and Demographic Information
> Comprehensive Labor Market Information
> Real Estate Search Assistance
> Coordination with City of Hutto on Permitting and Utility Services
> Coordination with the City of Hutto on Economic Incentives
> Coordination with Williamson County on Economic Incentives
> Coordination with Education Allies on Workforce Training Programs