Western N.C. loses out on incentives
Monday, November 28th, 2005
By Chris Fitzsimon
Study: 93% of money given by state since ‘01 goes to other areas
Associated Press
ASHEVILLE - Western North Carolina, hard-hit by plant closures and layoffs, is largely overlooked by the state when it hands out taxpayer-funded incentives aimed at attracting jobs, a newspaper’s analysis found.
The Asheville Citizen-Times reviewed data from the One North Carolina Fund and the Job Development Investment Grants, two of the state’s top industrial incentive programs promoted by Gov. Mike Easley.
It found that the One North Carolina Fund sent 93 percent of the $25.4 million given from 2001 through Oct. 3 to areas outside of the state’s 23 westernmost counties. (more…)
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