SlideServe
Télécharger Obtenir Pro
Menu
Accueil Pro
Préférences
ApparenceLight Aide et commentaires
© SlideServe · v2026

Boosting Orange County Economy Through QTI Tax Refund Program

lali avatar
lali
10 diapositives · 181 Views · Oct 05, 2014

Explore how the Qualified Target Industry Tax Refund Program is driving job growth in Orange County. Learn about key companies and incentives. Decision time looms for a critical high-wage job opportunity.

#boosting orange county economy through qti tax refund program #boosting orange county economy through qti tax refund program ppt #powerpoint #presentation
Boosting Orange County Economy Through QTI Tax Refund Program - slide 1
01 / 10Boosting Orange County Economy Through QTI Tax Refund Program
1 / 17

Télécharger la présentation

Boosting Orange County Economy Through QTI Tax Refund Program
Une image / un lien ci-dessous est fourni (tel quel) pour télécharger la présentation

Politique de téléchargement : le contenu du site vous est fourni TEL QUEL pour votre information et votre usage personnel ; il ne peut être vendu, concédé sous licence ni partagé sur d’autres sites sans l’accord de son auteur.Le contenu vous est fourni TEL QUEL, pour votre information et votre usage personnel uniquement. Téléchargez la présentation en cliquant sur ce lien. Lors du téléchargement, si vous ne parvenez pas à télécharger une présentation, l’éditeur a peut-être supprimé le fichier de son serveur.Pendant le téléchargement, si vous ne parvenez pas à obtenir une présentation, le fichier a peut-être été supprimé par l’éditeur.

F I N

Plus de contenu associé

Transcription de la présentation

  1. Discussion Agenda Item III.A.1 Approval of D&S Consultants (DSCI) Qualified Target Industry (QTI) Tax Refund Resolution

  2. State QTI Program Qualified Target Industry Tax Refund Program • Created 1994 Section 288.106 Florida Statutes • Goal: Encourage growth of high-skill, high-wage jobs in target industries • Tax refunds for each job created • Tax refunds paid over time only after jobs are created, maintained, and taxes paid • State provides 80% of the payments • Orange County pays 20%

  3. QTI Program 2009 • Digital Risk, LLC – financial services company • Kept 268 jobs • 242 new jobs announced

  4. QTI Program 2010 • 9 QTIs • Existing Jobs = 1,733 • New jobs announced = 867 • Fidelity Information Systems – financial services • Pelliconi & C SPA – manufacturing • Wheeled Coach Industries – manufacturing • Innovative Medical Device Solutions (IMDS) – medical device development and manufacturing • 3 QTIs - SAIC – engineering/technology company • Saab Training – modeling & simulation • CAE USA – modeling & simulation

  5. Employee-owned engineering, simulation, and training company • Headquartered in Eatontown, New Jersey • 600 employees worldwide – New Jersey, Maryland, Alabama, Ohio, California, Texas, Florida, Washington DC, Italy, Germany • 31 existing employees in Central FL Research Park

  6. Decision time: Consolidate and grow in Orange County or elsewhere — New Jersey, Maryland, Washington DC. • 31 existing high-wage jobs are at stake • 40 new high-wage jobs • 12 high-wage part-time jobs — high-tech engineering and specialized technician jobs

  7. 40 new high-wage jobs • 10 in 2011 • 15 in 2012 • 15 in 2013 • At least twice the prevailing wage • 8 administrative and sales positions • 32 engineering and production positions

  8. QTI Incentives • Eligible for $5,000 per job • 40 jobs X $5,000 = $200,000 total QTI • State share = 80% = $160,000 • Orange County share = 20% = $40,000 • Paid over 6 years after jobs are both created and maintained • First Orange County QTI payment = $2,500 in FY 2012-2013

  9. Thank you… Gloria LaQuang Metro Orlando EDC Project Manager Joe Helwig Senior Vice President Intelligence, Electronic Warfare, and Sensors DSCI

  10. Actions Requested Approval of Resolution of the Orange County Board of County Commissioners regarding D&S Consultants, Inc. (DSCI) Qualified Target Industry Tax Refund.