Business  |  Tax Incentives


Kimball Midwest
Agreement #023-14-04
Zone 023


Agreement Information

Community:      ODOD Status: Active
County: Franklin      Agrmt Date: 10/20/2014
Local School District: Hilliard City Schools      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2025
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $7,800,000.00
Exemptions
 

Personal Property

M & E F & F Inventory Total
Investments
Exemptions
 

Incentives

Variable Rate Rate Term
Real No % yrs
Personal No % yrs
 

Relocations

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

Employment

Existing Employment Job and Payroll Commitments
Employment at site:      Number Payroll
Employment in Ohio:      Retained 286 $18,881,000.00
     Fulltime Permanent 60 $2,248,800.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 3 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 380      Cumulative Taxes
Jobs Created: 94 Real Property Taxes Paid: $727,627.94
Jobs Retained: 286 Real Property Taxes Forgone: $385,078.06
Total FTE in Ohio: $380.00 Personal Property Taxes Paid: $0.00
New Payroll: $1,562,325.60 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $8,429,169.01 Other Tax Incentives: $0.00
Personal Property: $1,647,556.16 TIRC Date: 8/23/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $235,231.98 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $264,969.65
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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