PILOT Program

Fayette County, Tennessee is committed to the promotion of high quality development in all parts of the County and to an ongoing improvement in the quality of life for its citizens. Insofar as these objectives are generally served by the enhancement and expansion of the local economy, the Fayette County Industrial Development Board will, on a case-by-case basis, give consideration to providing Payment-In-Lieu-of-Tax (PILOT) incentives as stimulation for economic development.

It is the policy of Fayette County that said consideration will be provided in accordance with the guidelines and criteria outlined in this Policy Manual. Nothing herein shall imply or suggest that Fayette County is under any obligation to provide a PILOT to any applicant. All applicants shall be considered on a case-by-case basis, and the decision to approve or deny a PILOT shall be at the discretion of the Fayette County Industrial Development Board (IDB), The Fayette County Industrial Development Board was established by County government to assist in the financing of new business and industry and to promote local industrial expansion. The corporation was organized In accordance with the State of Tennessee Industrial Development Corporation Act. It is the Intention of this Board to conduct its activities consistent with the provisions of the Act and the intent of the County in establishing the Corporation. To this end, the IDB adopts the following guidelines for the consideration of applications for PILOT Incentives.

Download the file to read more about the Fayette County PILOT program (pdf).