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Local News

City of Bend Using Enterprise Zones to Entice Job Growth


The latest recipient of a five year tax break is Deschutes Brewery.  The city council just gave their approval to the deal last week.

 

Bend's business advocate Carolyn Eagan say these tax abatements really help local employment.

 

"Enterprise zones really are an effective tool to use in Oregon and have a strong link to employment.  It's one of the strongest links to creating jobs and we don't enter into an agreement with these businesses lightly."

 

Deschutes Brewery qualified for the tax break because it's beginning a 46 million dollar expansion that will be adding 15 new jobs that will pay at least $55-thousand dollars.

 

Typically these enterprise zones offer three year abatements on local taxes, but  they can get an additional two years if the employers meet certain salary standards for new jobs created.


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