Business  |  Tax Incentives


BMW FINANCIAL SERVICES LLC, ET. AL
Agreement #327-04-02
Zone 327


Agreement Information

Community: HILLIARD (RR NAME HILLIARDS)      ODOD Status: Active
County: FRANKLIN      Agrmt Date: 8/3/2004
Local School District:      Amend. Date:
Nature of Business: FINANCIAL SERVICES      Expiration Date: 12/31/2021
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 25.0000 SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $3,000,000.00 $19,000,000.00 $0.00 $22,000,000.00
Exemptions $19,000,000.00 $0.00 $19,000,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $0.00 $4,000,000.00 $0.00 $4,000,000.00
Exemptions $0.00 $4,000,000.00 $0.00 $4,000,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $0.00% 0 yrs
 

Relocations

From Out of State: No State: No Jobs: 0
In State: No Community: No Jobs: 0
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 0      Number Payroll
Employment in Ohio: 579      Retained 550 $23,036,000.00
     Fulltime Permanent 78 $4,056,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 901      Cumulative Taxes
Jobs Created: 351 Real Property Taxes Paid: $1,092,523.42
Jobs Retained: 550 Real Property Taxes Forgone: $6,731,817.65
Total FTE in Ohio: $901.00 Personal Property Taxes Paid: $510,730.00
New Payroll: $8,093,091.12 Personal Prop. Taxes Forgone: $169,989.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $24,360,862.00 Other Tax Incentives: $0.00
Personal Property: $26,962,267.00 TIRC Date: 8/12/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $121,985.04 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $778,492.55
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid: $0.00

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