Eric B. Nay
Director of Incentives & Business Development
Aggregate Total of Offered Incentives from 2006 to 2014
- From fiscal year 2006 to fiscal year 2014 the incented companies have projected the creation of 51,038 jobs over the life of their projects, including contracts with companies that have been completed.
- The incented companies have created 12,736 or 61% of the projected 20,735 jobs to date.
- From fiscal year 2006 to fiscal year 2014 the State committed to issue contingent awards totaling $888,215,414 over an average 11 year term.
- Since fiscal year 2006, the state incented companies have paid in $188,947,058 in gross new state taxes and have claimed tax credits of $60,304,046, resulting in $128,643,039 net new tax dollars for the State of Utah
Since 2006 the aggregate incentives, which have been claimed by the companies who have created jobs, is $58,901,449 or 7.3%.