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Tax Incentive Review Council reports programs largely meeting targets; JTTR Realty requests abatement rescission
Summary
Alloy staff presented the 2025 Tax Incentive Review Council report showing enterprise zone and CRA programs exceeding many investment and employment commitments; JTTR Realty requested termination of its abatement after relocating within Forest Park. Commissioners were told they will be asked to approve the TRC recommendations at a regular meeting.
Michael Whiddon of Alloy, representing the county’s economic development team, presented the Tax Incentive Review Council’s (TIRC) 2025 annual recommendations to the Hamilton County Board of County Commissioners on Oct. 7, 2025.
Whiddon said the TIRC reviews outstanding tax-incentive agreements annually to confirm compliance with terms and to recommend actions to the board. He reported that the enterprise zone program’s measured outcomes exceeded original commitments for real property (160% of commitments), personal property (250%) and employment (110%). The county’s Community Reinvestment Area (CRA) program likewise exceeded several targets, with reported achievement percentages of 151% for real property, 154% for personal property and 110% for employment.
Whiddon told commissioners three incentive agreements expired in the past year and the taxes from those properties returning to the rolls are estimated at just over $91,000. He also highlighted two expired projects (First Star and Gold Medal) as successful completions noted in the TIRC report.
On JTTR Realty (doing business as Stigler Supply Company), Whiddon said the company requested that its tax abatement be rescinded because the company has grown faster than anticipated and moved to a larger facility within the same community (Forest Park). Whiddon said the company declined to pursue a formal transfer or amendment of the prior agreement and instead asked to end the abatement. "They were very pleased with the program," Whiddon said, "and sometimes companies prefer to forego the annual monitoring process required to ensure compliance." He added that the company’s growth would likely have put it in compliance with, or exceeding, its original agreement goals if an amended agreement had been pursued.
Commissioners asked questions about JTTR’s reasoning for rescission and expressed appreciation for the TRC’s oversight. Whiddon confirmed the board will need to approve the TIRC recommendations formally; he said that could occur at the board’s regular meeting later in the week.
No formal board vote on the recommendations was recorded in the staff meeting segment; commissioners were presented the report and told a formal approval would be scheduled at a regular meeting.
