The Sidney-Shelby Economic Partnership works closely with the City of Sidney and our JobsOhio partners to customize a competitive incentive package to move your project to successful completion. Below is a list of industrial project incentives that are often considered:
Enterprise Zone
- Provides real property tax incentives for businesses that expand or locate in Ohio.
- To secure tax incentives for qualified new real and/or personal property investment, non-retail business must apply to the local community prior to making the investment.
- Click here for more information
Municipal Job Creation Tax Credit
- Provides credit against Sidney corporate income tax based on Sidney income tax withheld from new jobs created.
Sidney Business High Volume Water Use Rebate Program
- Existing businesses who use water in excess of 100,000 ccf annually may be eligible for a rebate on expanded water usage for a period of up to 8 years.
- New businesses may be eligible to receive rebates after an initial 12 months of operation. The new business rebate applies to usage in excess of 100,000 ccf annually for a period of 4 years.
- Businesses must apply to the City Manager, execute a rebate program contract and maintain agreed upon water usage to receive water use rebates.
Click here for more information
Community Reinvestment Act
- Provides local real property tax incentives for residents and businesses.
- Real property investors meeting the local criteria thresholds must apply to the municipality or county for the real property tax exemption.
- Find for information in Sidney CRA
Revolving Loan Funds
- Provides gap financing for local business development.
- For more information, contact Barbara Dulworth, bdulworth@sidneyoh.com
