Business  |  Tax Incentives

Aurora School of Music Agreement #15-100 
CRA # 133-03086-02

Agreement Information
Community: AURORA      ODOD Status: Active
County: Portage      Agrmt Date: 1/23/2015
Local School District: Aurora City SD      Amend. Date:
     Expiration Date: 12/31/2032
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 3299

Real Property

Acquisition Improvements New Construction Total
Investments $1,300,000.00
Exemptions $1,300,000.00

Real Property Tax Incentives

Percentage  75 %  
Term 15 years  
Personal Property
M & E F & F Inventory Total


Job and Payroll Commitments
Number Payroll
Fulltime Permanent 16 $330,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 4      Cumulative Taxes
Jobs Created: 2 Real Property Taxes Paid: $15,937.10
Jobs Retained: 3 Real Property Taxes Forgone: $12,520.72
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $40,000.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,700,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/19/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $8,410.28 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $4,468.88
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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