The Georg Utz facility in Edinburgh received tax breaks from Bartholomew County officials this week, allowing it to go ahead with a $2.9 million dollar expansion. The company appeared before the County Council this week to ask for the tax break on upcoming equipment purchase.
Tom Heller, an audience member, suggested that the council might want to reconsider tax abatements going forward, in light of the recent changes to federal taxes that were aimed a businesses.
The county council approved a five year tax abatement plan for the business, which means property taxes on the new equipment purchases would be phased in. There would be no taxes paid in the first year, and a growing percentage over the next four years.