2015 New Albany Annual Report

Page 10

Why does the City use abatements? • They help generate development that grows our local, regional and state economy. • They help provide exponentially more city and school revenues than if development never occurred. • They help reduce the number of students in our schools. Throughout 2015, we utilized mailings, the local newspaper and information on our website, e-newsletters and social media to generate community conversations about the benefits of abatements. This section highlights the most important information we shared.

ABATEMENTS HELP GROW OUR REGION “Job creation is a critical factor in moving everyone forward—our local communities, our region and our state. Communities that actively work to build business partnerships are creating a better region for all of us.” Kenny McDonald, President and Chief Economic Officer for Columbus 2020

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2015 New Albany Annual Report | newalbanyohio.org


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