CITY OF RED BUD, IL
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Economic
Development

About the Economic Development Commission

The mission of the Economic Development Commission shall be to study the current status of economic development with the City, to propose strategies to the City Council for retaining existing business, attracting new industry and retail business, and to suggest policies which would help promote general economic development.

Notice for the next Economic Development Meeting can be found HERE.
Economic Development Incentive Programs
The City of Red Bud offers the following economic incentives to industrial, commercial, and retail businesses. Please be advised that eligibility requirements vary for each program.
1.Property Tax Abatement Program
This program allows businesses who own real estate and expand their facilities to abate the city portion of the property taxes. The amount and length of the abatement are determined by the amount of dollars spent on the project and the number of jobs created and retained in relation to the project.
code_section_35-7_through_35-17.pdf
File Size: 203 kb
File Type: pdf
Download File

tax_abatement_application_2023.pdf
File Size: 65 kb
File Type: pdf
Download File


2.Sales Tax Rebate Incentive Program
Upon completion of an expansion project, this program allows businesses to earn a rebate on new sales tax levels. Base sales tax (the amount of sales tax prior to expansion project) is used to determine what sales tax is eligible for rebate. Rebate rate is a ¼ of 1%. The length of the rebate is determined by eligible project costs.
ordinance_1015.pdf
File Size: 241 kb
File Type: pdf
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3.Revolving Loan Fund 
This program provides up to $20,000 in low interest loan funds for each full-time equivalent job created or retained within the business. The interest rate for the program is established by the Economic Development Commission and the Red Bud City Council and is subject to change. 
Note: The documents below are under review.

revolving_loan_fund_summary_sheet.pdf
File Size: 110 kb
File Type: pdf
Download File

revolving_loan_fund_application.pdf
File Size: 381 kb
File Type: pdf
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4.Micro-Loan Program
This program provides loans to small businesses loans with no employee creation or retention requirements. The intent of these low interest loans are intended for small projects such as roof replacement, HVAC replacement, small expansion projects, and operating expenses. The interest rate for the program is established by the Economic Development Commission and the Red Bud City Council and is subject to change.
micro-loan_guidelines.pdf
File Size: 448 kb
File Type: pdf
Download File

micro_loan_program_application.pdf
File Size: 91 kb
File Type: pdf
Download File


5.Enterprise Zone
The City of Red Bud along with several local governments throughout Monroe and Randolph Counties established an Enterprise Zone in 2019. Parcels of property within the established zone can apply for a certificate to be used for purchasing building materials less sales tax.
enterprise_zone_process_guide_02282020.pdf
File Size: 405 kb
File Type: pdf
Download File

Eligibility requirements, terms, and conditions vary for each program listed. For more information, please contact City Hall at 618.282.2315. Email inquiries can be sent to Pam Poetker at pam@cityofredbud.org

Economic Development Commission

Commission Member
Position
Term Expiration
Mike Rheinecker
Chairman
Length of Term as Council Member
Tom Heizer-Industry
Member
2023
Stuart Langrehr-Finance/Lending
Member
2025
Clem Esker-Waterways
Member
2025
Cole Stenzel-Finance/Lending
Member
2024
Gale "Butch" Stellhorn-Transportation
Member
2024
Mike Reed-Retail
Member
2024
Warren Frank-Comm/Tourism
Member
2023
Greg Birchler-Agriculture
Member
2023
Orvel Cox-Commercial
Member
2026
Jonathan Tallman-Education
Member
2026
J. Larry Ingalls-Education
Member
2026
Jennifer Gregson-Healthcare
Member
2025

We Would Love to Have You Visit Soon!


Contact Us

City Hall
200 East Market Street
​Red Bud, IL 62278

☎ 618.282.2315​
🖷 618.282.4344
Police Department
200 East Market Street
Red Bud, IL 62278

☎ 618.282.2363 (Dispatch)
☎ 618.282.6118 (Office)

Utility Plant
525 Power Street
Red Bud, IL 62278
​​
☎ 618.282.3339
🖷 618.282.3898
​

Red Bud City Hall
​Business Hours

Monday - Friday
7:30AM to 4:00PM

Red Bud Utility Plant 
Business Hours

Monday - Friday
7:00AM to 3:30PM
(For power outages, please call 618.282.3339)
OFFICE CLOSURES

City of Red Bud Emergency Notification System

If you are a City of Red Bud resident or utility customer and would like to receive notifications related to the operations, events, and news regarding the city, please complete the form below. Upon completion, please return it to City Hall by bringing it in the office, mailing it to 200 East Market Street, Red Bud, IL 62278 or by dropping it in the payment box at the south end of the City Hall parking lot.
Receive Notifications
  • City Government
    • City Code of Ordinances
    • City Council
    • City Departments
    • Economic Development
    • Federal & State Officials
    • History
    • Meeting Information
    • Office Closures
    • Parks & Recreation
    • Planning Commission
    • Contact
  • Community Calendar
  • Resources
  • Forms, Services, & Payment Center
  • Visiting Red Bud
    • Eats & Drinks
    • Shopping
    • Essentials
    • Play & Stay
    • Event Space
  • Employment