Incentives & Taxes
Millington Industrial Development Board
7965 Veterans Parkway, Suite 101
Millington, TN 38053
The City of Millington and the Industrial Development Board have an established PILOT program. This program can reduce real and personal property taxes for Millington and Shelby County for new and expanding industry. New jobs and new capital investment are two of the triggers for entry into the PILOT program. A recent PILOT was completed for Ingram Micro.
Millington also has experience with creating Tax-Increment Financing Districts. The Shoppes of Millington Farms was a successful TIF. A shopping center of 135,000 square feet was assisted by this TIF. Other TIF projects approved include Millington Farms and Centennial Place. We also work with new and expanding companies to secure infrastructure grants. For more information, contact us.
Franchise and excise tax incentives are administered through the State of Tennessee's Department of Economic and Community Development. Click here to view a complete overview of available incentives for business and industry.
Despite significant investments in infrastructure, the Millington tax rate has been stable or declining over the last 6 years.