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County reviews incentives toolkit and tax‑abatement fee option to fund site preparation
Summary
Consultants presented an incentives toolkit and highlighted an Indiana provision that allows charging up to 15% of a developer’s tax‑abatement savings to a nonprofit economic‑development entity for site prep and other development costs; council members asked how to implement and publicize the toolkit.
Consultants presented an incentives toolkit for Perry County and urged elected officials to adopt a formal metric for evaluating developer incentives.
The presenter described a statutory option under Indiana law that allows a fiscal body to assess a fee—up to 15% of a developer’s tax‑abatement savings—under certain tax‑abatement agreements. "It allows you to…
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