Austin Landing bolstering tax revenue for cities with JEDDs

As the Austin Landing development continues to grow, area cities are benefitting from increased revenue generated by joint economic development districts (JEDDs) with Miami Township, the Dayton Daily News reports. The Austin Center JEDD saw a more than 15% increase over 2017 tax revenues, bringing in about $1.025 million for 2018. Two other JEDDs, Dayton and Miami Crossing, “combined to bring in slightly more revenue” than Austin Center, according to the article. Miami Twp. Board of Trustees President John Morris said the JEDDs “help fund roads; they help fund parks — and the overall general services that we’re allowed to offer the community.” For more, read the full article.

Economic Development, State Updates