Seagoville Economic Development Corporation (SEDC)
Open Skies - Open Doors - Open for Business
Seagoville Economic Development Corporation Mission Statement
The primary goal of the Seagoville Economic Development Corporation (SEDC) is to use funds derived from the half-cent economic development sales tax to encourage new business and to promote growth and/or retention of existing businesses, creating new employment opportunities in our city, increasing our tax base and/or improving the quality of life.
Type B Sales Tax
In 1995 citizens of Seagoville passed two propositions, a half-cent sales and use tax for reduction of property tax rate and a half-cent sales and use tax for economic development and community improvements.
The Seagoville Economic Development Corporation (SEDC) was formed after the passage of the half-cent sales tax, which funds the corporation. A seven-member Board of Directors oversees the SEDC.
The SEDC works with existing and potential businesses in the areas of business expansion, relocation, retention and redevelopment through market development, as well as education and training.