More than half of the companies given taxpayer incentives to expand or open new locations in Ohio over the last four years failed to meet job or payroll goals associated with the tax breaks.

A new report from State Auditor Keith Faber listed 39 of the 60 companies that committed to creating jobs as noncompliant, and no action was taken against many of those companies.

“These agreements are meant to encourage job growth and community prosperity,” Faber said. “If we’re not going to hold companies accountable for their job and payroll commitments, then these agreements are only depriving Ohioans of financial resources that could be used elsewhere.”

Faber said the findings in the report were forwarded to Attorney General Dave Yost, who decides if recoveries or other remedies are needed.

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