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Industrial Development

The Taylorville Industrial Development Corporation Industrial Park Complex consists of 232 acres located at the southwest edge of Taylorville, at the present time there are approximately 150 acres available for building purposes and all sites are fully services with roads, sewers, water, gas and electricity.  Building sites range in size from 5 to 50 + acres and all have desirable dimension characteristics and location.

In addition to sites being available in the Industrial Park, the Local Business Development Incentive Package includes substantial financial benefits provided by the Illinois Enterprise Zone Act, varied financing programs (purchase, lease or lease/purchase options), a skilled labor force and a Technical Training Center with a wide range of programs and services.  Also, a modern state of the art Airport capable of handling corporate jet aircraft is located adjacent to the Industrial Park.

Building

Any steel frame Industrial building needed will be custom designed and engineered to meet the required needs and specifications.  The Taylorville Industrial Development Corporation has access to and has worked with various suppliers and erectors so competitive bids and prices are readily available.  This factor, coupled with the availability of excellent building sites and the benefits of the Enterprise Zone, enables us to construct a new building in Taylorville as economically as possible.

Construction Project Financing

The Taylorville Industrial Development Corporation has the experience, resources and capability of providing creative and competitive financing programs for a loan, lease or lease ö purchase agreement.

Unemployment 
(2000 average, 5.37%)

Labor Force ö 18,996      
Employed ö 17,978     
Unemployed ö 1018

Labor Force

In a Quality of Labor Survey report issued by the East-Central Illinois Development Corporation the findings indicate that the labor force in this area demonstrates a high product quality, high productivity, high reliability and low absenteeism.  The workers display a friendly attitude, possess a good work ethic, are honest and exhibit a spirit of cooperation.

The population with in a 30 mile radios of Taylorville, which is located in the center of Christian County there is 354,164.  Of that 50% are between the ages of 18 to 54 years of age.  In that area the rural population, those not living in any of the cities, towns, or villages is 17,329, of which 50% are in the 18 to 54 age range.

Labor Rates (Ameren, Quality of Labor Survey, Oct. 1999)

Community Union Activity

The Taylorville and Christian County area has a skilled labor force available with a good work ethic.  Taylorville is located in a general manufacturing area where union and non-union businesses thrive without any dissension or rival labor problems.  We believe this factor provides a very distinct advantage to any potential employer.  Of 28 firms that surveyed in Christian County the following distribution was determined

Tax Rates

The Taylorville Industrial Development Corporation, Industrial Park is located within a State of Illinois Enterprise Zone so the following taxing bodies will abate the real estate taxes on a new building for a period of ten years or life of the zone, which  ever comes first.

Tax Abatement Example

The Assessed Value (EAV) represents 1/3 of the market value.  Thus for a $1,080,000 building, with an EAV of $360,000.00 the Real Estate Tax savings will be:

 1^st year               $360,000 x 7.19538  =   $25,903.36 
10 year savings                                            $259,033.60

Manufacturing & Business Activity In The Area

Christian County
County Population  (1990 Census)	34,418
County Population  (2000 Census)	35,372

City	Population		Miles from Taylorville
	1990 Census	2000 Census
Assumption	1,244	1,261	12
Edinburg	982	1,135	8
Kincaid	1,353	1,441	6
Mt. Auburn	544	515	17
Morrisonville	1,113	1,068	14
Pana	5,796	5,614	17
Stonington	1,006	960	8
Taylorville	11,400	11,427	-
Other	10,980	12,973
Total	34,418	35,372

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Taylorville, Illinois 2001-2002 - All rights reserved