City of Warren expands tax incentive program - 21 News Now, More Local News for Youngstown, Ohio -

City of Warren expands tax incentive program

Posted: Updated:

WARREN, Ohio - The city of Warren is expanding its tax incentive program to businesses outside of the city.

On Wednesday night, council approved, on emergency passage, to amend a current ordinance that would allow tax abatements to new businesses that develop in the city.

Now council is extending that opportunity to businesses that already exist that wish to move into the city.

"If they add new employees based on a formula, or investment in materials or machinery or anything like that, that formula is based on the taxes that the employees pay, but it benefits the business," said Vince Flask, 5th Ward Warren Councilman.

The tax incentive goes into effect immediately.

  • More From wfmj.comMore>>

  • Group honors third Kennywood coaster as 'landmark'

    Group honors third Kennywood coaster as 'landmark'

    Monday, July 28 2014 9:07 AM EDT2014-07-28 13:07:05 GMT
    The group American Coaster Enthusiasts has named the Thunderbolt a "Coaster Landmark" - the third roller coaster to be so recognized at the Kennywood amusement park near Pittsburgh.More >>
    The group American Coaster Enthusiasts has named the Thunderbolt a "Coaster Landmark" - the third roller coaster to be so recognized at the Kennywood amusement park near Pittsburgh.
    More >>
  • Ohio offers extra hunting days for mourning doves

    Ohio offers extra hunting days for mourning doves

    Sunday, July 27 2014 1:45 PM EDT2014-07-27 17:45:29 GMT
    Ohio will allow extra days for hunting mourning doves this year.More >>
    Ohio will allow extra days for hunting mourning doves this year.
    More >>
  • Ohio authorities say 2 killed in small plane crash

    Ohio authorities say 2 killed in small plane crash

    Sunday, July 27 2014 1:38 PM EDT2014-07-27 17:38:30 GMT
    FINDLAY, Ohio (AP) - Authorities in northwest Ohio say two people have been killed in an overnight small plane crash. The Hancock County sheriff's office says the crash apparently occurred at about 1 a.m. EDT Sunday. Investigators were still at the scene Sunday and little other information was available immediately. The plane crashed near a county road just northeast of the city of Findlay. The city has a small general aviation airport, but authorities were still investigating where the plan...More >>
    FINDLAY, Ohio (AP) - Authorities in northwest Ohio say two people have been killed in an overnight small plane crash. The Hancock County sheriff's office says the crash apparently occurred at about 1 a.m. EDT Sunday. Investigators were still at the scene Sunday and little other information was available immediately. The plane crashed near a county road just northeast of the city of Findlay. The city has a small general aviation airport, but authorities were still investigating where the plan...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms