JEFFERSON TWP. PROPOSES ‘JEDD’
Revenue from entity’s tax collection to help struggling townships.
A joint economic development district proposed in Jefferson Twp. for an area including the new Montgomery County Fairgrounds & Event Center would allow the new entity to collect income taxes from workers within its borders and put the money into a section of the county that struggles to stay solvent, officials said.
“Townships do not have the revenue sources that a city has,” said Steve Woolf, Jefferson Twp. administrator. “So townships in general at times — and especially Jefferson Twp. — struggle financially.”
Woolf said the new fairgrounds was a welcome development — bringing more people and more traffic to the township — but one that also stretches the township’s resources.
A proposed joint economic development district, or JEDD, “provides a possibility of generating new-found revenue to help support fire, critical safety services, the sheriff ’s response and to maintain roads around the area of the fairgrounds and other parts of the township,” he said.
The Ohio General Assembly