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Local governments need more transparency for tax abatements, report says

New rules by the nonprofit Governmental Accounting Standards Board [GASB] “can encourage local governments to be more transparent regarding their tax abatements,” says a report by Policy Matters Ohio, according to a recent...more

JEDDs face new reporting rule promulgated by the Ohio Department of Taxation

A new state rule requires joint economic development districts (JEDDs) to report and file certain information with the Ohio Tax Commissioner by February 12, 2018. Communities that have used JEDDs to support economic...more

Ohio Attorney General reports 78.3% compliance rate for 2016 economic development incentives

Ohio Attorney General Mike DeWine recently released his 2017 Report to the General Assembly on Compliance with State Awards for Economic Development, which showed “an overall compliance rate of 78.3%,” according to a press...more

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