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The Austin Center JEDD includes about 70 businesses with an estimated 3,000 jobs. But the program “is necessary to remain competitive in recruiting new business and retaining and/or promoting expansions of existing businesses located within the district,” according to a draft of the plan.
The Austin Center JEDD – which includes Miamisburg and Springboro – levies a 2.25-percent income tax on all businesses within the boundaries. About 57 percent of those revenues go to Miami Twp., 22 percent to Miamisburg and 21 percent to Springboro, officials said.
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JEDD board members have been discussing guidelines to be eligible for assistance - which will likely be in the form of grants – as well as the factors in how recipients will be selected.
-MORE COVERAGE OF AUSTIN AREA:
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