Tax Incentives Encourage Economic Development

Potter County Commissioners offer two programs that can benefit private-sector employers seeking to locate and/or grow their businesses in the county. One is the Local Economic Revitalization Tax Assistance (LERTA) program. Qualifying businesses receive a real estate tax abatement for the first year, a partial-abatement in later years, and are eventually returned to full tax status. Buckler Transport in Roulette, for example, completed the LERTA program and is now at full tax status. Potter County is also a participant in the Keystone Opportunity Improvement Zone programs that has offered tax incentives to encourage economic development.