Public records request reveals county dropped the ball in monitoring PILOT agreements

By |2016-12-12T11:12:13-06:00December 12, 2016|Categories: economic development|Tags: , , , |0 Comments

Ten years ago, two Japanese companies agreed to bring jobs and investment to Washington County if the county gave them 10 years worth of tax breaks on their property, buildings and equipment. To monitor whether the companies met their promised job requirements, they were supposed to file annual job reports. If they fell short of the jobs promise, they lost a proportional amount of that year's tax break. Washington County Industrial Park (Nathan Baker) Sounds reasonable and fair, and the work of government officials trying to look out for the county's best interest. Problem was, the company did not file those annual reports -- at least until this [...]