News

Ohio House, Senate approve state budget with personal income tax cut

Last week, the Ohio House and Senate approved the state budget and sent it to Governor Kasich for his signature. The budget spending plan maintains a 6.3 percent across-the-board personal income tax cut, further reduces taxes on small businesses, and eliminates earlier proposals to raise/expand the sales tax and Commercial Activities Tax.

“We are pleased with the General Assembly’s work on the tax reform plan in the state budget,” said Greater Cleveland Partnership President and CEO Joe Roman. “We are grateful that we were able to work in partnership with our elected leaders to ensure Ohio’s tax plan keeps Ohio competitive and primed for further economic growth.” Read more.

GCP and Commission Annual Reports are now online

The 2014 annual reports of the Greater Cleveland Partnership and the Commission on Economic Inclusion, a program of the GCP, are now online.

The GCP Annual Report highlights progress in advancing our priorities in advocacy, physical development and infrastructure, business development, education reform, inclusion and our Middle-Market Initiative.

The Commission Annual Report includes a summary of the results of the 2014 Employers Survey on Diversity; information on the 2014 Best-in-Class award winners, the 2015 Hall of Fame inductees, as well as a review of accomplishments during the first year of the Construction Diversity Initiative and the fourth year of operation by the Minority Business Development Agency Business Center Cleveland.

Joe Roman on WTAM

GCP President Joe Roman's topics in this month’s “Wills and Snyder’s” interview include:

  • Possible intrigue at the 2016 RNC if no candidate finishes the presidential primaries with  enough delegates to secure the nomination; renewing the Cuyahoga County Arts & Culture levy that supports both our world-renowned and locally focused institutions; and the marijuana legalization ballot issue that will go before Ohio voters in November. Click to listen.

GCP opposes HB 180 and SB 152

GCP asks General Assembly to vote “no” on bills, which interfere with home rule

Cleveland, Ohio – The Greater Cleveland Partnership (GCP) and the Commission on Economic Inclusion joined the City of Cleveland in opposing two bills in the Ohio legislature that would eliminate local governments’ ability to ensure that construction projects in the region benefit the local workforce.

House Bill 180 and Senate Bill 152 would prohibit local governments from requiring contractors to employ a given number of residents within a geographic area for construction or improvement projects.

In a letter to Ohio House Speaker Cliff Rosenberger and Ohio Senate President Keith Faber, GCP President and CEO Joe Roman said the proposed legislation threatens the successful Community Benefit Agreements (CBAs) in place throughout Northeast Ohio. CBAs are important tools for regional and local governments to ensure that public expenditures result in real community gains, such as an inclusive workforce, apprentice opportunities, minority contracting and local hiring. Read more.

GCP endorses renewal of existing cigarette tax for arts and culture

Cleveland, Ohio - The Greater Cleveland Partnership (GCP) Board of Directors voted to support passage of a November ballot issue calling for the renewal of an existing cigarette tax in Cuyahoga County that generates support for arts and culture.

The renewal would extend for 10 years the current tax of 1.5 cents per cigarette sold in Cuyahoga County. The ballot issue is not a tax increase.

The tax generates more than $15 million annually. Since its inception in 2006, tax proceeds have been used to invest more than $125 million in 300 arts and cultural organizations in Cuyahoga County.

Read more
.

GCP highlights economic progress spurred by public-private partnerships

“Meet the Press” Moderator Chuck Todd delivers Annual Meeting keynote


Cleveland, Ohio—Optimism about Cleveland’s future is well-grounded in reality and results, even while challenges remain.

The Greater Cleveland Partnership’s Annual Meeting today highlighted many of the successes that have added to the community’s positive momentum as well as the work that’s yet to be done for sustainable economic progress.

GCP Board Chair Beth Mooney, chairman and CEO of KeyCorp, noted that the city is moving forward propelled by a strong collaboration among stakeholders in the private and public sectors.

Said Mooney: “I’ve been very impressed with what seems to me to be a rising tide of involvement and enthusiasm, not just from the GCP’s more than 10,000 members, but from across our local spectrum—the business community, the political community, the philanthropic community and the public at large.”

Read more.

$50M federal award to CDA to spur economic growth in city by attracting private investment

CLEVELAND – Cleveland’s renaissance got a $50 million federal infusion that will be leveraged to help develop new projects in the city estimated to be valued at hundreds of millions of dollars.

The award of federal New Market Tax Credits to Cleveland Development Advisors (CDA) – an affiliate of the Greater Cleveland Partnership – is an invaluable leveraging tool in advancing the city’s revitalization.

The tax credits are often used to fill financing gaps but also attract large amounts of private investment. CDA had previously been awarded a total of $105 million from this program that has been used to spur more than $660 million in investment in Cleveland.

Ohio’s Historic Preservation Tax Credit program is essential to economic development


The Greater Cleveland Partnership, Cleveland Development Advisors and several metro chambers from across the state have joined in opposition to proposed changes to the Historic Preservation Tax Credit that was unveiled in the Senate version of the state operating budget late last week.

The proposed change would have suspended the tax credit program for 2016 and 2017 and converted it into a grant program in 2018.

“This tax credit is a critical tool in advancing redevelopment projects throughout the City of Cleveland,“ said GCP President and CEO Joe Roman. “The proposed changes would have a devastating effect on the current and future development momentum in our region.”

Read more.

Ohio Senate releases its state operating budget

The Ohio Senate today unveiled its version of the state operating budget. The Greater Cleveland Partnership has closely monitored several key issues including tax reform, education, and health care.


Major highlights include a net income tax cut of $1.7 billion over the biennium without raising or expanding the sales tax or increasing the Commercial Activities Tax rate. The budget also eliminates income taxes on all small businesses up to $250,000 and increases the cigarette tax per pack by 40 cents.

Click for the budget overview and GCP's priorities.

Events

Morning Conversation: Congressman Bill Johnson

Greater Cleveland Partnership members are invited to join us for a morning conversation with Congressman Bill Johnson (R, OH-6) who representsOhio’s 6th Congressional District, located in eastern and southeastern Ohio.

Johnson serves on the powerful House Energy & Commerce Committee which is responsible for developing America's energy, healthcare, and telecommunications policies (among others), as well as the House Science, Space, and Technology Committee, the committee.

Please RSVP to advocacyevents@gcpartnership.com.

The GCP Morning Conversation series is sponsored by:

Hiring Our Heroes

This is a free job fair for transitioning service members, veterans, and military spouses. The event includes an employment workshop at 8 a.m. followed by the hiring fair from 10 a.m. to 2 p.m. For registration questions, please email hiringourheroes@uschamber.com or call 202.463.5807.  Learn more.

Aligning Inclusion with Business and Talent Outcomes

Please join us for the Commission on Economic Inclusion's seventh annual conference on Wednesday, August 5 from 7:30 a.m. to 3 p.m. at Corporate College East.

Our keynote speaker will be Sandy Harris, vice president, corporate diversity strategy and internal relations at Sodexho, which is ranked No. 5 among DiversityInc's Top 50 Companies for Diversity.

Who should attend: Diversity & inclusion practitioners, senior human resources managers, supplier diversity managers and procurement managers. Click for details.

2015 Greater Cleveland Partnership Chairman's Forum

SAVE THE DATE!!

Please mark your calendar for the 2015 Greater Cleveland Chairman's Forum, an exclusive members-only briefing with our board chair, Beth Mooney, chairman and chief executive officer of KeyCorp.

The event will update you about our work to advance the priorities of the organization and the business community;inform you about important issues impacting the region’s economy and your company; and connect you with business leaders from other GCP Investor companies.


Thanks to our event sponsors:


2015 Burke Corporate Aviation Expo

Save the date!

Please mark your calendar and plan to attend the 2015 Burke Corporate Aviation Expo presented by the Cleveland Airport System.

The expo represents a unique opportunity to see the latest offerings in executive aviation and socialize with the leaders of Northeast Ohio's business community.

Videos