(COLUMBUS, Ohio)—Ohio Attorney General Mike DeWine today released his 2013 Report to the General Assembly on Award Recipient Compliance with State Awards for Economic Development. The report, which is required to be submitted by the Attorney General to the General Assembly pursuant to statute, analyzes compliance with the terms of economic development awards for recipients which had performance periods ending in calendar year 2012.
The report determined 266 awards had a performance period ending in 2012. The report found that 146 awards were in substantial compliance while 120 awards did not comply, resulting in an overall compliance rate of 54.9%. The report also listed compliance rates by award categories:
Workforce compliance rate: 100% (14 of 14 awards in substantial compliance)
Grant compliance rate: 49.5% (52 of 105)
Tax credit compliance rate: 53.8% (56 of 104)
Loan compliance rate: 55.8% (24 of 43)
Dan Tierney: 614-466-3840
Lisa Hackley: 614-466-3840