A on a rock structure
A water tower with the city's logo is framed by Ashland's A, welcoming visitors on the south side of the city along U.S. Route 42. (Ashland Source file photo) Credit: Dillon Carr

ASHLAND — Several tax incentive agreements with businesses in Ashland are set to expire in 2025 and 2026. 

Officials from the city and county of Ashland met in late March to review tax incentives that are currently online with area businesses. 

The so-called Tax Incentive Review Council voted to continue the existing 21 Community Reinvestment Areas and 14 Enterprise Zones.

But some of them are due to expire — one in June this year and four in 2026.

One of the enterprise zones, signed in June 2009 with “Barbasol Land LLC and Barbasol LLC,” is set to expire in June. The address of the property is 2011 Ford Drive, according to county real estate records.

Starting in 2026, the company will owe the full amount of property taxes, a figure that amounts to $93,608.58. (The abated amount is $60,335, according to county auditor calculations.)

The deal, signed in June 2009, gave the companies a 15-year “sliding scale” exemption on property taxes of any new construction. In the first five years of the deal, the companies were granted a 90% abatement.

In the second set of five years, the abatement trimmed to 75%. In the final five years, the abatement was 60%. 

The 15-year timeline didn’t start until the construction project was completed and until the companies received an occupancy permit, according to the original document. 

But the agreement stated the abatement would “in no event … extend beyond the 2025 tax year.” 

Another four CRAs are set to expire in 2026.

The table below shows the name of the property owner, the common business name, its address, when it was originally signed and how much total the property owner will owe in 2027.

The abated amount is what the company had been not paying in property taxes through the end of the deal.

Property OwnerCommon Business NameAddressOriginally SignedHow much owed in 2027Abated Amount
400 Westlake Drive LLCReturn Polymers405 Westlake Drive, AshlandMay 18, 2016$27,574$13,120
Grub E Ashland RE LLCBuffalo Wild Wings1830 Main St., AshlandMay 18, 2016$45,822$17,985
Simonson Holdings Ltd.Simonson220 Westlake Drive, AshlandFeb. 19, 2016$12,649$5,790
Steven McQuillin (residential)N/A150 E. Main St., HayesvilleN/A$5,055$270

The Ashland County Auditor has a new website. Among other things, it shows how property taxes are divvied.

School districts are the largest benefactors of property tax revenue, receiving around two-thirds of the revenue. 

The Ashland County Auditor’s new website shows pie charts to depict how property tax revenue is split. The yellow represents the school district. Credit: Ashland County Auditor

Other entities, such as the county government, city/municipal government, developmental disability boards, vocational schools, mental health board, library and park district also receive property tax revenue.

All CRAs and enterprise zones are different, said Cameo Carey, director of Grow Ashland — the county’s economic development office. 

“They’re never the same,” Carey said. And they are all monitored. State law requires it.

The Tax Incentive Review Council, a state-mandated group, meets once a year to review all tax abatement agreements within the county. 

The council can issue recommendations to the legislative authority — city or village council or township trustees — to continue, modify or cancel agreements.

Lead reporter for Ashland Source who happens to own more bikes than pairs of jeans. His coverage focuses on city and county government, and everything in between. He lives in Mansfield with his wife and...