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Noblesville OKs Gaylor Electric tax break

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Nobletuckian

Indianapolis, IN

Silence Dogood wrote:

I'm thinking about buying a house in Noblesville, but only if the city is willing to give me a six-year abatement on my local taxes. I'm firm on this. Noblesville, if you want me you're going to have to step up to the plate.

I'm thinking about selling my house in Noblesville, if the city is NOT willing to give me a six-year abatement on my local taxes. I'm firm on this. Noblesville, if you want me to stay you're going to have to step up to the plate.

ToolRulesAll

“Victory is Mine”

Since: Jun 07

712

Greenwood

ISP: Indianapolis, IN

Tax abatement is a valuable incentive to attract new businesses. Its major impact, however, is to stimulate reinvestment by existing businesses -- by not penalizing them with a major tax bill when they can least afford it - after having just spent their money for a building and/or manufacturing equipment, or research and development equipment. Because new taxes are phased-in, each year new tax money goes into the community coffers while the businesses retain employees and create new job opportunities for our citizens. Without this incentive, businesses might not make these capital improvements at all.

Old Roy

Louisville, KY

More jobs for Indiana, way to go My Man Mitch!

Southside Girl

Indianapolis, IN

What are you taling about? This is a company that is already here its not NEW jobs. LOL!

Another Mitch Crony gets a tax break why we all pay for it.

Old Roy wrote:

More jobs for Indiana, way to go My Man Mitch!

Pointman

Since: Dec 06

510

Fishers, IN

ToolRulesAll wrote:

Tax abatement is a valuable incentive to attract new businesses. Its major impact, however, is to stimulate reinvestment by existing businesses -- by not penalizing them with a major tax bill when they can least afford it - after having just spent their money for a building and/or manufacturing equipment, or research and development equipment. Because new taxes are phased-in, each year new tax money goes into the community coffers while the businesses retain employees and create new job opportunities for our citizens. Without this incentive, businesses might not make these capital improvements at all.

A voice of sanity, thank you.

Anyone complaining about the abatements ever consider if Gaylor was looking to build he very likely was looking OUTSIDE and such incentives will keep them from moving to Noblestucky or Carmel?

The short sighted knee jerking is sickening.

Bill E Bob

Bloomington, IN

Robbing Peter to pay Paul....did the City of Indianapolis sign off on the memorandum of understanding regarding any relocation of capital investment from Indianapolis?

Noblesville needs to get out into the world and attract new business that benefits all of central Indiana, not just provide an easy outlet for businesses seeking tax relief from Marion County. Robbing Peter to pay Paul costs us all more in the long run.

Would Gaylor have made this investment in another region if it weren't for the Noblesville tax incentives? Doubt it.....

Stinkys Second Cousin

Bloomington, IN

Don't mind Uncle Bill - he's been hittin' the rye again this evening

Bob

Erlanger, KY

Silence Dogood wrote:

What the ? I don't understand how this helps Noblesville. Gaylor's employees that currently live in Noblesville are currently paying local taxes where they are. Those that don't do not of course, but they will not begin to just because their employer moves its office.
Gaylor's field workers (most of his workforce) that do not live or work in Noblesville or Hamilton County will not bring any more commerce to the area.
I guess Noblesville hopes to make back the money on future property taxes, or the company's revenue ... but that will never happen. Gaylor will start to pay taxes again in six years, but those will be current taxes. He'll never pay back the six-year freebie.
So they gave away six years of taxes in order to make the future taxes. If Gaylor moves, sells or goes under in the future, then what does Noblesville get?
Sounds like Gaylor's got some friends.

wait a second

the "taxes" being abated have not been assessed yet. the city is losing NOTHING....the business is merely getting an incentive to locate to Noblesville

you people need to first understand an abatement before you start complaining about them....no one will be "making up" the tax abated...it doesn't exist until the building goes up and the property is improved

Volunteer

Indianapolis, IN

Bob wrote:

<quoted text>
wait a second
the "taxes" being abated have not been assessed yet. the city is losing NOTHING....the business is merely getting an incentive to locate to Noblesville
you people need to first understand an abatement before you start complaining about them....no one will be "making up" the tax abated...it doesn't exist until the building goes up and the property is improved

As long as the building does not need fire and police protection your right.
Did the abatement go on top of a TIF finaced infrastructure?

now union

Indianapolis, IN

Ex-Gaylor Employee wrote:

Gaylor electric treated me horribly.

Me too in early 2003. Anyone else????

Gaylor Employee

Anderson, IN

As an employee of Gaylor for 11 years, I can say it is a great place to work, and I am treated well. I have seen a lot of people come and go and the ones who show up every day on time and ready to work (like any other job) tend to stay and are happy with the company. Those who have problems with attendance, drug testing, young kids with attitudes, or are downright lazy have always been the ones to criticise the company most.( with an exception for some IBEW folks, but that's another topic)

hello

Indianapolis, IN

ToolRulesAll wrote:

Average wage is less than $60,000 a year.....isn't that like living on welfare on the elite nothside?

We make less than that yearly and let me tell you I can't her any help. My kids only go without the name brand clothing other than that they have all htey need or all they could ever want,

IBEW YES

Marion, OH

Mr. Gaylor employee, first let me say that I am sorry that you live that sheltered life to think that Gaylor Electric is treating you "right." And to the the Ibew is a bad place, But If you want to stay with a contractor that does not pay fair wages,benefits and cares only about the almighty dollar then go ahead but if you ever want to expand then obtain the correct info on the ibew not what gaylor wants to tell you. There is a better life out there for you and your family, all you have to do is educate yourself.

IBEW is shit

Indianapolis, IN

haha, really? IBEW yes, you are an idiot. Soon as your a journeyman in the union you're getting laid off. Talking about education, who brought in the most money in Indiana as far as electrical contractors go? that's right, Gaylor. Sure, union makes more, but they work less? Gaylor provides a consistent job without the fear of being laid off.

street

Indianapolis, IN

I worked for gaylor in 2008 and was laid off, replaced by friends of gaylors higher maintm along with other men, its not right.

street

Indianapolis, IN

I was never late, had all my tools , was liked by evryone, I worked hard to get the job done, Im not mad, just wanted to shear my story, gaylor is a good place to work, John Gaylor is a good man. He just dont know whats readly going on behind close door.

street

Indianapolis, IN

gaylor is a grate place to work, but their are still alot of good people laid off, an some bad people still working that should be fired. ask, RS

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