» Wright-Patt:
Disbursements to local governments up. Austin Center JEDD, in particular, has a profitable year.
Three workers at Wright-Patterson were recognized with a Presidential Rank Award this year,
Tax revenue jumped about 15 percent combined this year in three revenue-sharing districts Miami Twp. has with surrounding cities.
The Joint Economic Development Districts the township has with Dayton, Miamisburg and Springboro brought in an estimated $1.58 million in tax dollars this year, up from about $1.35 million in 2014. The additional money is reflected in shares for the partners, which also increased, records show.
The totals were boosted by more tax dollars from the Austin Center JEDD, home of Austin Landing. The openings of several restaurants and other retailers in late 2014 and this year helped bring in an estimated $500,000 of income taxes, about 30 percent higher than a year ago, records show.
“I think this is a pretty dense development at Austin Landing comparatively to standard suburban development,” said Steve Stanley, chairman of the Austin Center JEDD board.
“And that has been an objective that everybody has had — for that to be densely developed,” he added. “As a consequence, there’s a pretty good revenue stream from that JEDD.”
The additional revenue in the Austin Center JEDD also means a more than doubling of disbursements from 2014 to the township, Miamisburg and