2009 - 690 jobs
2014 - 350 jobs
2009 - $51 million
2014 - $40 million
2009: The GOED Board of Directors approved an incentive for a $47.3 million post-performance EDTIF refundable tax credit based on 30% of new state revenue collected over 20 years. The state is expected to collect $157 million in new state revenue from Goldman Sachs over the same period.
2014: The GOED Board of Directors approved up to a maximum tax credit of $13,057,377 in the form of a post-performance EDTIF incentive, which is 30% of the new state taxes Goldman Sachs will pay over the 20-year life of the agreement.
Governor Herbert Welcomes New Goldman Sachs Expansion, Utah Governor's Office
Goldman Sachs to Expand, Move Downtown in Salt Lake, Deseret News
State Kicks In $27M to keep Goldman Sachs in Utah, Salt Lake Tribune
Goldman Sachs to Expand its Presence in Utah, Utah Governor's Office