Trotwood talks economic development

City leaders hope to develop properties to attract new business.

City of Trotwood

TROTWOOD, Ohio (WDTN) – Economic development was the topic of the night at a specially called meeting in Trotwood on Monday.

City of Trotwood holds a specially called meeting on economic development on Monday, May 23, 2016.
City of Trotwood holds a specially called meeting on economic development on Monday, May 23, 2016.

Several county and state leaders met to discuss the city’s current economic state and what could be done to move the community forward.

City leaders say Trotwood has a high millage and tax rate, but continues to lose money because of recession and the housing crisis.

“You’ve lost about a million dollars in revenue over the past several years,” said Montgomery County Auditor Karl Keith. “So, I know that’s a concern for you, but those are the reality of what’s happened.”

The city manager says he wants to develop properties such as the old Salem Mall for new businesses.

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