Business  |  Tax Incentives


Financial Providence Group Agreement #15-100 
CRA # 049-04580-02
Agreement Information
Community:      ODOD Status: Active
County: Franklin      Agrmt Date: 4/13/2015
Local School District: Westerville City Schools      Amend. Date:
     Expiration Date: 12/31/2028
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property
Acquisition Improvements New Construction Total
Investments $185,000.00 $3,500,000.00
Exemptions $3,500,000.00
 

Real Property Tax Incentives
Percentage  50 %  
Term 12 years  
 
Personal Property
M & E F & F Inventory Total
Investments $400,000.00 $100,000.00

Employment
Job and Payroll Commitments
Number Payroll
Retained 2 $494,094.00
Fulltime Permanent 5 $950,000.00
Fulltime Temporary
Parttime Permanent 1 $19,000.00
Parttime Temporary
Job Creation Period: months

Performance/Compliance
 
Agreement Status is: Active
Total full time equivalents at Site: 0      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $16,492.00
Jobs Retained: 0 Real Property Taxes Forgone: $25,231.77
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,164,200.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/3/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $7,979.70 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $23,463.63
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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