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Daviess County Council confirms 10-year tax abatement for Kratos Defense

2097216 · January 9, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Daviess County Council approved a confirmatory resolution declaring Kratos Defense Security Solutions Inc. property part of an economic revitalization area and authorizing a 10-year abatement schedule for real and personal property, following a public hearing and staff presentation.

The Daviess County Council on Jan. 8 approved a confirmatory resolution designating property used by Kratos Defense Security Solutions Inc. as an economic revitalization area and granting 10 years of tax deductions on both real and personal property.

The resolution, described to the council by Grant (staff), follows a November presentation and a Dec. 11, 2024, designation (Resolution 2024-5) that the council previously adopted. Grant told the council the abatement schedule in the confirmatory resolution would start at a 100%…

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