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Tax breaks granted for three Bexar County businesses

Bexar County Commissioners voted Tuesday to give three businesses significant tax breaks.
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SAN ANTONIO — Bexar County Commissioners voted to give three businesses significant tax breaks today.

Schuepbach Properties is spending $55 million to build a 294-unit multi-family development on South Flores.

In exchange, the county is providing a 40 percent tax reduction or abatement for 10 years.

Ernst and Young, a professional services firm, plans to make $5 million in capital investments and create 300 new jobs in exchange for a 100 percent tax reduction for six years.

And USAA is getting a 75 percent tax abatement for 10 years for expanding its downtown location with a parking garage expansion.

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