A Platform for Community Development
Phillips County is located in an Enhanced Colorado Enterprise Zone. The Colorado Enterprise Zone (EZ) Program is designed to promote a business-friendly environment in economically distressed areas by offering state income tax credits that incentivize businesses to locate and develop in-and non-profit organizations to assist with the needs of-these communities.
Private-sector business activity encouraged by these income tax incentives brings job opportunities and capital investment to economically distressed areas. The private investment results in tax revenue for school districts, cities, counties and the state, outweighing the costs of the tax credits granted.
Visit https://choosecolorado.com/doing-business/incentives-financing/ez/ for a complete list of Enterprise Zone Incentives for Phillips County.