|Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - December 13, 2016|
Agenda Item #56
Economic Development Incentive Program Update
Contact and/or Presenter Information
Presentation to the Board regarding Economic Development Incentive Program goals and accomplishments for FY 2015-2016.
F.S. 288.106 Tax refund program for qualified target industry businesses.
F.S. 288.075 Confidentiality for economic development projects
Manatee County Government Economic Development Incentive Program
On April 21, 2009, the Manatee Board of County Commissioners adopted the Manatee County Economic Development Incentive Program which provides for Economic Development Incentive Grants (EDI).
EDI/TIFI grants are available to qualifying businesses creating new high wage job opportunities, either by expanding an existing business or by bringing a new business to Manatee County. The incentive is customized per business based on the number of jobs created and percent above 115% of the average Manatee annual wage of the company.
This report provides an update and demonstrates the results of the Economic Development Incentive Program for FY 2015-2016.
County Attorney Review
Not Reviewed (No apparent legal issues)
Explanation of Other
Instructions to Board Records
Cost and Funds Source Account Number and Name
Amount and Frequency of Recurring Costs
Attachment: Economic Development Report to BCC12.13.16.pdf