Business  |  Tax Incentives


Cheviot Savings Bank Agreement #11-002 
CRA # 061-14128-01


Agreement Information
Community: CHEVIOT      ODOD Status: Active
County: Hamilton      Agrmt Date: 8/24/2011
Local School District:      Amend. Date:
     Expiration Date: 12/31/2028
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 522110

Real Property

Acquisition Improvements New Construction Total
Investments $362,000.00 $50,000.00 $4,500,000.00 $4,912,000.00
Exemptions $25,000.00 $2,250,000.00 $2,275,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $50,000.00 $0.00 $50,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 27 $0.00
Fulltime Permanent 17 $737,274.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 30 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 48      Cumulative Taxes
Jobs Created: 11 Real Property Taxes Paid: $102,445.00
Jobs Retained: 25 Real Property Taxes Forgone: $99,852.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $1,186,382.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,352,270.00 Other Tax Incentives: $0.00
Personal Property: $165,000.00 TIRC Date: 3/1/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $29,902.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $28,373.00
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

Back to Search Page