Business  |  Tax Incentives


NFOCUS CONSULTING INC.
Agreement #232-03-02
Zone 232


Agreement Information

Community: LANCASTER      ODOD Status: Active
County: FAIRFIELD      Agrmt Date: 6/3/2003
Local School District:      Amend. Date:
Nature of Business: SOFTWARE DEVELOPMENT      Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 7371

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $40,000.00 $400,000.00 $440,000.00
Exemptions $40,000.00 $400,000.00 $440,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $75,000.00 $50,000.00 $0.00 $125,000.00
Exemptions $75,000.00 $0.00 $0.00 $75,000.00
 

Incentives

Variable Rate Rate Term
Real No $50.00% 10 yrs
Personal No $0.00% 0 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: 12      Number Payroll
Employment in Ohio: 12      Retained 12 $550,000.00
     Fulltime Permanent 10 $360,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 34      Cumulative Taxes
Jobs Created: 25 Real Property Taxes Paid: $145,206.74
Jobs Retained: 12 Real Property Taxes Forgone: $89,672.02
Total FTE in Ohio: $34.00 Personal Property Taxes Paid: $0.00
New Payroll: $992,450.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $473,500.00 Other Tax Incentives: $0.00
Personal Property: $44,200.00 TIRC Date: 3/11/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $11,467.74 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $10,332.02
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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