Garrett County graduates One Maryland program

Elaine Blaisdell Cumberland Times-News — OAKLAND — Garrett County has been advised by the Maryland Department of Business and Economic Development that it has graduated from the state’s One Maryland Plan, effective April 1, according to Jim Hinebaugh, county director of economic development. The county’s business growth over the past nine years led to the accomplishment. “While graduation from the One Maryland program represents progress, it also reflects hard work, financial investment and commitment to the local area by local businesses,” said county commission Chairman Jim Raley in a news release. The One Maryland program was developed and implemented during Cas Taylor’s tenure as speaker of the Maryland House of Delegates, Hinebaugh said. “The intent of the program was to help the economically displaced counties develop and grow their economy,” said Hinebaugh during Tuesday’s commission meeting. Under the program, economically distressed jurisdictions are defined as having a two-year unemployment average greater than 150 percent of the statewide rate and an average per capita income of less than 66 percent of the two-year state average, according to the news release. Graduation from the program means the county’s businesses are no longer eligible for tax credits and other incentives provided by the program. “It’s one of those good news, bad news stories,” said Hinebaugh. “The good news is we graduated. The bad news is we can’t use the program anymore. We are very proud of the fact that we have come a long way.” To qualify for those incentives, eligible businesses had to create a minimum of 25 new jobs, make a capital investment of at least $500,000 and be located in a state-approved priority funding area. Several county-based businesses used the program to help facilitate business expansions over a 10-year period. The expansions resulted in the creation of more than 300 new jobs and a capital investment of more than $20 million, according to Hinebaugh. The county technically graduated April 1, 2011, but through the efforts of state Sen. George Edwards and Delegate Wendell Beitzel, last year’s legislative session grandfathered the county for another year, said Hinebaugh. In 1997, the county’s average unemployment was 13.7 percent, Hinebaugh said. “We went five straight years at 5.1 percent or less. We were always at the bottom,” said Hinebaugh, noting that in February 10 other jurisdictions had higher unemployment rates than the county did. “Graduation from this One Maryland program is an indication that we are making progress. That’s not to say that we don’t have a lot of challenges to do. There are still a lot of people that need work …” The county is experiencing growth. Jim Henry, program director in the office of finance programs for the state, will be spending the next few days with the economic development department and will meet with two businesses that are considering expansion, Hinebaugh said. “We are going to talk about a new start-up business. I think it’s good news,” said Hinebaugh. “It’s an indication that even though things are tough and kind of slow, we are still working hard. We are still prospering.” In other commission news, county officials will hear an update on broadband on May 1, Hinebaugh said. Hinebaugh stressed the importance of broadband to the county, stating, “It’s one way of leveling the playing field. I’m excited about being able to improve access. Our goal is to get where 90 percent of the residents of the county have broadband access.” The commissioners also announced that Bloomington Volunteer Fire Department was interested in the purchase of the former Bloomington Elementary School for $50,000, with the condition that the county raze the building. More here. Buying or selling real estate in Garrett County or Deep Creek Lake, Maryland? Call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues!

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