Business  |  Tax Incentives


NOVUS SERVICES, INC. Agreement #98-001 
CRA # 049-02915-01


Agreement Information
Community: NEW ALBANY      ODOD Status: Active
County: Franklin      Agrmt Date: 3/3/1997
Local School District:      Amend. Date:
     Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 7389

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $45,000,000.00 $45,000,000.00
Exemptions $0.00 $45,000,000.00 $45,000,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $27,000,000.00 $0.00 $0.00 $27,000,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 2053 $50,473,500.00
Fulltime Permanent 566 $14,036,800.00
Fulltime Temporary 0 $0.00
Parttime Permanent 22 $545,600.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 2137      Cumulative Taxes
Jobs Created: 524 Real Property Taxes Paid: $4,555,449.00
Jobs Retained: 1613 Real Property Taxes Forgone: $14,917,810.00
Total FTE in Ohio: Personal Property Taxes Paid: $1,837,896.00
New Payroll: $10,878,193.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $50,611,924.00 Other Tax Incentives: $0.00
Personal Property: $74,276,815.00 TIRC Date: 7/30/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $1,385,726.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $1,101,047.00
Personal Property Taxes Paid: $308,810.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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