Created on Friday, 20 December 2013 Written by THE ASSOCIATED PRESS
COLUMBUS, Ohio (AP) — The Ohio Attorney General says just over half of companies receiving state economic development awards last year were fully compliant with the requirements of those awards, such as job creation or retention.
The report by Attorney General Mike DeWine is an annual study required by lawmakers to gauge the outcome when companies receive grants and other awards.
DeWine's study released Thursday found that of the 266 awards with a performance requirement in 2012, 120 or about 45 percent were not compliant.
Awards issued by the Ohio Department Services Agency fall into four main categories: workforce awards, grants, tax credits and loans.