Parent Layer: SPECIALIZED ZONES

Name: Enterprise Zone

Display Field: SDE_Static_GIS_EnterpriseZo_2

Type: Feature Layer

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Description: Individual states spend millions of dollars annually on "economic development" (as direct outlays, loans or deductions from taxes) in hopes of luring new businesses and creating jobs. Every legislative session brings pressure for new incentive programs, sometimes to attract a major development and sometimes to keep up with what neighboring states have done. One of the most popular incentives employed by the states is the enterprise zone. As originally envisioned, an enterprise zone is a specific geographic area targeted for redevelopment on the basis of high Unemployment, poverty, age of housing stock or other evidence of economic weakness. Businesses that move into an enterprise zone to create jobs are eligible for various combinations of regulatory relief and tax abatements, credits, deductions and exemptions. Eligibility may include requirements that companies employ a certain percentage of local residents or people who have been on public assistance. The attractiveness of these programs has led some states to considerably expand eligibility for them well beyond decaying inner cities. This program, which is administered by the Governor’s Office of Tourism, Trade and Economic Development, was created in 1982 to provide incentives in the form of tax credits and refunds to businesses that locate or invest in distressed areas. An enterprise zone is a specific area that is targeted for redevelopment on the basis of high unemployment, poverty, or other evidence of economic weakness.One result of extending enterprise zone benefits throughout a state is to lose the effect of targeting a particular area for development or redevelopment.

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Fields:

• OBJECTID ( type: esriFieldTypeOID, alias: OBJECTID )
• SDE_Static_GIS_EnterpriseZo_2 ( type: esriFieldTypeDouble, alias: SDE_Static.GIS.EnterpriseZone.AREA )
• PERIMETER ( type: esriFieldTypeDouble, alias: PERIMETER )
• INTZONE_ ( type: esriFieldTypeInteger, alias: INTZONE_ )
• INTZONE_ID ( type: esriFieldTypeInteger, alias: INTZONE_ID )
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