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Council accepts Tax Incentive Review Council recommendations, city cites hundreds of millions in 2024 investments
Summary
The Dayton City Council unanimously adopted an informal resolution accepting the Tax Incentive Review Council (TURC) report for 2024, which staff said showed hundreds of millions in leveraged investment from TIF, Enterprise Zone and Community Reinvestment Area programs.
During the council’s calendar review on March 27, 2025, Planning & Neighborhood Development staff summarized the Tax Incentive Review Council’s 2024 report and the city’s use of tax‑incentive tools to attract investment.
Miss Dixing, Planning & Neighborhood Development staff, said the TURC reviewed tax increment financing (TIF), enterprise zone (EZ) and Community Reinvestment Area (CRA) programs. She told the council that five TIFs were created in support of about $154,000,000 in investment and that those TIF projects were credited with retaining and creating 1,260 jobs. She said the TIFs were recommended to be continued until the 2025 review.
On enterprise zones, Dixing said six EZ agreements were evaluated for pledged versus actual investment and hiring of city residents. She said the EZ program produced an additional $160,000,000 in total investment beyond businesses’ pledged $31,000,000, and that total employment in the EZ businesses was 1,386 full‑time equivalent positions. She said the number of jobs the EZ projects pledged to create was 18, and that actual jobs attributed was 319.
Dixing described the CRA program as a non‑cash tool that abates tax growth for 10–15 years; she said the CRA supported 74 residential projects leveraging about $238,000,000 and 29 commercial/industrial projects leveraging about $790,000,000 in 2024, and that those projects were credited with retaining or creating 4,119 full‑time and 104 part‑time jobs for the year.
Commissioners discussed school‑board concerns that had been raised previously about how some agreements count contributions and timing. Commissioner Shaw and other members said the schools are engaged in the review process; Dixing and other staff noted the compensation agreements between developers and Dayton Public Schools are administered by the school board and the city provides information as requested.
Councilor John Shaw moved to adopt Informal Resolution 1014‑25, accepting the TURC recommendation for report year 2024; the motion was seconded and approved by roll call. Mayor Mims and all commissioners voted aye.
