Insights Into Incentives

Governments offer economic incentives to attract new companies, retain employment, encourage expansion, and energize lackluster districts and regions. The competition among states and municipalities is often fierce. But what is the actual long-term value of what is being given away?

Crowe Horwath LLP helps public sector organizations quantify and forecast the value of job creation versus the incentives being offered. We assist governmental jurisdictions in negotiations with companies, in structuring the details of the financing, and understanding the complete value of incentives in the decades to come.

We have assisted a number of municipalities with tax-increment financing and other economic development tools, thereby enabling jurisdictions to start rebuilding or expanding today while bonds are issued to finance improvements. Crowe helps governmental groups achieve the right balance between abating property taxes or providing other incentives versus return in the form of stable community employment.

Our approach works because we employ practical consultants with government experience and consulting know-how. We understand how the government operates and how the business works, helping each side understand how a proposed incentive can affect the other party.

We can help your organization negotiate an arrangement that meets the needs of both sides, thereby serving as a bridge for improved economic and community development.