Columbus City Council is looking to evaluate the tax incentive program tonight.
According to WOSU, Columbus offers tax abatements to companies in exchange for meeting hiring benchmarks and while a majority of the 65 agreements the city has with business are meeting or exceeding their requirements, there are still some that don’t hold up their end of the deal.
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Council member Michael Stinziano told WOSU the program is still creating jobs and increasing neighborhoods’ viabilities, though.
In total, City Council found tax-abated companies created almost 2,800 jobs and more than $200 million in annual payroll.
Tonight, City Council will decide whether or not to dissolve tax abatement agreements with two companies: The Fireproof Partners and Tower 10.