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Giving and Getting

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After a big deal is inked, ground is broken, a gleaming tower is built and, as new job holders queue up to buy their morning coffee, the overall impact of the project on a state’s balance sheet is buried in the minutiae of a footnote in an annual state budget report read only by the green-eyeshade types who wrote it.

NJ 47
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Black Gold Rush

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Recoverable reserves of oil in the Bakken field surged from a paltry 150 million barrels in 2005 to today’s estimate of 8 billion barrels, a number which is expected to grow exponentially. Energy Information Administration estimates that the Monterey shale field alone holds 15.4 Map of U.S. Source: U.S.

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SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

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Nearly 50 fatalities were reported in New York in the days after the storm; the death toll in New Jersey did not exceed 40 thanks to heroic efforts by NJ Gov. The rest of Moody’s estimate comes from lost business activity. Moody’s also estimates that Sandy will be the third most costly U.S. Kim Guadagno.

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Feature Story: 2016 Economic Development Awards

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Two unique state programs are the winners of our Achievement in Public-Private Partnership awards: The Pennsylvania Department of Transportation (PennDOT) , for its Rapid Bridge Replacement Project; and the New Jersey Economic Development Authority for the Edison Innovation Fund. and the largest road project in Pennsylvania’s history.

Indiana 40
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COVER STORY: Global Biotech Report

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A retreat in the public markets in 2011 resulted in overall financing levels that are back to those seen in 2008, reflecting the continuing struggles of the Eurozone countries over the sovereign debt of some member countries. The project partners estimate a total volume of approximately 130 million Euros.

Florida 63
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State by State Incentives Guide

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million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. TAX INCENTIVES.

Income 108
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STATE INCENTIVES GUIDE

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Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds cannot be used for debt refinancing or contingency funding. The program ends December 2016. EMPLOYEE TRAINING PROGRAMS.

Income 75