Local News

City Council Review Tax Abatements

FORT WAYNE, Ind. (WOWO): Fort Wayne City Council are keeping an eye on businesses with tax abatements.

At Tuesday's meeting, the council made a reminder that they'll review companies abatement agreements to make sure they're in compliance. According to our partners in news at 21 Alive, five companies appealed to the council to keep their abatements that did not fill out compliance forms. The forms are meant to verify that the company is on-track with new hires, wages and spending.

Of the five companies, all but one were found to be within their agreements.

In Fort Wayne, there are over 200 active abatements. Last year, only two companies were found to be outside of their compliance with the terms of their agreement. 

You can find a list of local abatements by going to the Allen County website.

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