Incentive Watch Sunday, April 10, 2005 Florida's incentives are reviewed in a newspaper investigation by the St. Petersburg Times: Risky business An up-and-down history Audits find oversight flaws Governor disputes Times' findings See the posting below for a brief overview. Missouri's Quality Jobs Act passed the Misouri Senate last week. Read more. Freescale, the semiconductor spin-off from Motorola will receive an incentive package worth $30 million from Austin. $11 million comes from the City. Fresscale employs about 6,500 in Austin. Read more. Tulsa will be the site of a major expansion of IBM's service business. IBM could add up to 1,000 jobs by 2009. These jobs will be paying between $40,000 and $95,000. Incentives will be provided through the Oklahoma Quality Jobs Program. The program provides quarterly cash payments of up to 5 percent of new taxable payroll directly to a qualifying company for up to 10 years. IBM potentially could receive $35.2 million if it grows as projected over a 10-year period. (That's $35,200 per job.) Read more. Indiana's Wayne County is debating the value of incentives. Here's an editorial. Kansas has touched off an international controversy by providing incentives to a British-owned cellophane plant. Read more. The mayor New Orleans wants expanded incentives for manufacturing and the video gaming industry. Read more. Oregon is moving to reform its Strategic Investment Program, which provides tax breaks to large manufacturers. This legislation, originally adopted in 1993, was targeted at chip manufacturing. Read more. Phoenix, Tempe and Chandler have signed an agreement to establish a "no incentive" zone. Read more. Wake County and Raleigh, NC are considering large incentive packages for undisclosed projects. Read more. This article from Cincinnati explores the local political dynamics of offering incentives. Read more. Airbus may accept the same type of incentives that it recently criticized for Boeing. Read more. posted by Ed Morrison |		This work is licensed under a Creative Commons License. links Some Background on EDPro Weblog The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it. One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information. So, spread the word...Share the knowledge. Tell a friend about EDPro Weblog. If you are using a news reader, here is the link to syndicate this site: Here's the link if you are a bloglines subscriber: Speaking and workshops on Open Source Economic Development As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking. Background on Ed Morrison Download some background information on me here.

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