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A Franklin County Auditor's Office report authored by two independent economists found the use of the tax incentives may be losing their effectiveness while limiting revenue from schools and other taxing agencies.
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Ohio legislators and lobbyists from across the aisle have said before they believe it’s time to rein in the incentives offered to the electric-intensive facilities.
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Nationwide Children's Hospital has had surplus revenues exceeding at least $200 million since 2020. Despite these extra funds, the nonprofit hospital system and the city of Columbus still agreed to a $3 million a year incentive package.
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Business & EconomyIntel officials say the package that was offered put Ohio at the top of a list of 40 states vying for the project.
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Columbus City Council votes Monday on a slate of new districts where developers can divert property taxes to efforts like infrastructure improvements. One…
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Ohio officials are weighing whether to force General Motors to repay $60 million in public incentives after it shut down an assembly plant in…
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The White House says it might extend "opportunity zone" tax breaks to help struggling neighborhoods after the pandemic. But critics say the program mostly helps wealthy investors.
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Attorney General Dave Yost says he doesn’t like some of what he found in a review of state incentives for economic development projects in the final year…
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The Jackson on High sits near the northern edge of the Short North. It’s seven stories of glass bounded by red and sand brick. On Instagram, one person…
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City Council candidates clashed over tax abatements at a Columbus Metropolitan Club forum on Wednesday. Incumbents defend the idea, but challengers see…