Business  |  Tax Incentives


ANDREA H. FOLATKO DDS, INC. Agreement #06-003 
CRA # 153-19778-02


Agreement Information
Community: CUYAHOGA FALLS      ODOD Status: Active
County: Summit      Agrmt Date: 12/11/2006
Local School District:      Amend. Date:
     Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $285,000.00 $0.00 $800,000.00 $1,085,000.00
Exemptions $0.00 $800,000.00 $800,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 8 years  
 
Personal Property
M & E F & F Inventory Total
Investments $400,000.00 $50,000.00 $25,000.00 $475,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 9 $250,000.00
Fulltime Permanent 8 $368,320.00
Fulltime Temporary 0 $0.00
Parttime Permanent 1 $12,480.00
Parttime Temporary 0 $0.00
Job Creation Period: 24 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 14      Cumulative Taxes
Jobs Created: 10 Real Property Taxes Paid: $69,757.46
Jobs Retained: 4 Real Property Taxes Forgone: $35,184.59
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $399,865.86 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $809,000.00 Other Tax Incentives: $0.00
Personal Property: $510,000.00 TIRC Date: 6/15/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $9,884.76 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $4,942.38
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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