Gratitude for Unprecedented Year of Local Partnerships & Performance Outcomes

Dec 16, 2018 | News, Newsletter

Dr. Glenda Bumgarner,
JobsOhio, Senior Director of External Engagement

While recently reflecting on this past year’s successes and opportunities for 2019, my thoughts centered on the depth and breadth of local partnership engagements, especially in my focus-area with elected and non-elected officials including the mayors, commissioners and economic development practitioners throughout Ohio.

In addition to the project-specific discussions the JobsOhio team hosted with you and businesses located in your community, I had the pleasure of hosting hundreds of conversations throughout the state as well. Your insights and feedback were invaluable as we worked together to help strengthen community preparedness, awareness, and share best practices.

The execution of life-changing economic development strategies has always been a team effort. I am pleased to share with you that our partnering is working as evidenced by this month’s announcement in Ernst & Young’s 2018 US Investment Monitor. Ohio earned the No. 1 spot for the second year in a row in jobs and projects! This outcome was only possible because of your commitment to excellence and passion to advance the economic prosperity of Ohioans.

On behalf of the JobsOhio team, thank you for an exceptional year of collaboration and engagement. May 2019 bring another year of unprecedented results!

Ohio Ports Eligible for $23 Million in Development Funding

A new program  — the Ohio Maritime Assistance Program program — is providing funding to ports along the Ohio River and Lake Erie or businesses within ports.

The Program began accepting applications from ports in late January and will continue through March 27. The program is making available $11 million through June 30 and an additional $12 million for the 12 months ending June 30, 2021.

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Large TIFs may be eligible for one-time extension opportunity

During fall 2019, the General Assembly changed Ohio law governing tax increment financing (“TIF”) exemptions in a big way.  For certain TIF projects, local communities can extend the exemptions – and therefore continue to redirect property tax millage to necessary public infrastructure improvements – up to 30 additional years. 

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