Business  |  Tax Incentives


Finley Fire Equipment, Inc. & Finley Rentals, LLC
Agreement #286-08-03
Zone 286


Agreement Information

Community: MORGAN (TOWNSHIP OF)      ODOD Status: Active
County: MORGAN      Agrmt Date: 5/23/2008
Local School District:      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2024
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 5087

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $2,000,000.00 $2,000,000.00
Exemptions $0.00 $1,173,333.33 $1,173,333.33
 

Personal Property

M & E F & F Inventory Total
Investments $200,000.00 $100,000.00 $1,500,000.00 $1,800,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real Yes $59.00% 15 yrs
Personal Yes $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: 23      Number Payroll
Employment in Ohio: 23      Retained 23 $2,777,255.70
     Fulltime Permanent 4 $150,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 2 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 29      Cumulative Taxes
Jobs Created: 8 Real Property Taxes Paid: $17,758.56
Jobs Retained: 20 Real Property Taxes Forgone: $52,548.68
Total FTE in Ohio: $57.00 Personal Property Taxes Paid: $0.00
New Payroll: $107,499.15 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $3,655,647.00 Other Tax Incentives: $0.00
Personal Property: $3,025,272.00 TIRC Date: 3/28/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $7,003.98 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $12,905.40
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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