EID's Shawn shows how local governments around Ohio are benefitting from shale development through increases in sales tax revenue:

"Shale production is rejuvenating economies through out eastern Ohio.  Over the past year, counties with shale development have seen their sales tax increase by as much as 25%, another indicator of the incredible, positive impact the Utica Shale is bringing to the region.  From landowners receiving lease payments and reinvesting in their farms or buying items for themselves they could not afford just a year earlier; to companies benefiting from the increased activity in their county, Utica Shale development is not only creating jobs, but pumping much needed capital into the local economy in eastern Ohio.

Taking a look at the top permitted counties in the state and their sales tax revenues over the past year, it is simple to see the tremendous impact the expanding development is having on the region.  These are numbers that can’t be ignored when having an honest discussion on the benefits Utica Shale development is having on eastern Ohio.

Carroll County

Carroll County is the most permitted county in the Utica, and has seen more development to date by good measure.  Carroll County has 176 Utica Shale permits, and has been Chesapeake Energy’s most active county in the state.  With all of this development, Utica Shale has increased sales tax revenues in the county from $1,933,378.81 to $2,581,732.00.  This increase represents a sales tax increase that equates to a 25% growth in just a matter of a year.

Harrison County

Harrison County is the second most permitted county in the Utica Shale, and with recent outstanding production results, has the possibility to become the sweet spot for Utica Shale development.  With outstanding production from Gulfport’s Boy Scout and Wagner wells, as well as Chesapeake’s Buell Well, Harrison County has been receiving tremendous amounts of attention from shale developers in the region.  In addition with the MarkWest facility opening up in the Cadiz Business Park, Harrison County will continue to enormous growth for years to come.  Over the past year, Harrison County has increased sales tax revenue from $979,510.94 in 2011 to $1,234,734.40 for 2012, representing a growth of 21% sales tax revenue for the county."

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