Laserfiche WebLink
<br />Job Creation Cap -Additional Public Benefit Criteria <br />The three-year tax exemption benefit shall be limited to a maximum of $96,000 per job created or <br />$32,000 per job created per year, whichever is less. Tax exemption benefits in excess of that amount <br />shall be paid as a public benefit contribution. Public benefit contribution payments made with the <br />criteria points formula (above) will be credited towards the payment required by the job creation cap. <br />The maximum public benefit payment shall be one-third of the tax exemption benefit. <br />