Economic Development Agreements
Summary
Lancaster is betting big on a new data center and a bread plant to jumpstart the local economy. While the city is giving these companies tax breaks, they’re on the hook to create high-paying jobs and chip in for community projects.
At a glance
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Impact analysis
The city is trading short-term tax revenue for long-term growth and a boost to the local job market.
Local job seekers and community organizations stand to gain the most from the new payroll and donation requirements.
Taxpayers might feel the pinch of reduced city revenue if these companies don't deliver on their promises.
Mentions & discussions (1)
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