Business  |  Tax Incentives


CRAFTS AMERICA GROUP, INC.
Agreement #023-07-04
Zone 023


Agreement Information

Community: COLUMBUS      ODOD Status: Active
County: FRANKLIN      Agrmt Date: 6/21/2007
Local School District:      Amend. Date:
Nature of Business: RETAIL      Expiration Date: 12/31/2017
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 454113

Real Property

Acquisition Improvements New Construction Total
Investments $350,000.00 $0.00 $2,400,000.00 $2,750,000.00
Exemptions $0.00 $2,400,000.00 $2,400,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $50,000.00 $10,000.00 $500,000.00 $560,000.00
Exemptions $50,000.00 $10,000.00 $500,000.00 $60,000.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 10 yrs
Personal No $0.00% 0 yrs
 

Relocations

From Out of State: No State: Jobs:
In State: No Community: Jobs:
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 0      Number Payroll
Employment in Ohio: 0      Retained 18 $358,600.00
     Fulltime Permanent 9 $300,540.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 6 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 43      Cumulative Taxes
Jobs Created: 31 Real Property Taxes Paid: $195,806.30
Jobs Retained: 12 Real Property Taxes Forgone: $356,656.37
Total FTE in Ohio: $43.00 Personal Property Taxes Paid: $0.00
New Payroll: $653,938.64 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $2,572,884.00 Other Tax Incentives: $0.00
Personal Property: $9,697,406.34 TIRC Date: 8/20/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $30,137.82 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $57,916.15
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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