Tax Incentive Programs

Tax Incentive ProgramsSummer in Viking

Viking Town Council has identified a need to promote and attract business and residents to build our community up and promote its ongoing prosperity.

Residential:
Council identifies the need for rejuvenation of existing neighborhoods within the Town of Viking by encouraging new residential in-fill developments as a way of supporting community growth while minimizing the need to expand the Town of Viking’s water, sewer and street infrastructure. Also, the Town of Viking sees the need to promote new residential construction in new residential subdivisions.

Business/Commercial:
Council and Administration desires commercial & industrial development within the Town of Viking to stimulate the economy and contribute to the Town’s tax assessment base. Council has identified a need to provide an attractive business and industrial environment through a continued competitive tax regime and service provision as an objective for the Town of Viking:

The  incentives will offer substantial savings of municipal taxes for up to 4 years on new construction and renovation of existing businesses and residences. By offering these incentives the Town of Viking hope to attract new business and expand the tax base to offer a lower overall tax rate.