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==Economy== Mount Vernon hosts a {{convert|48|acre|m2|adj=on}} facility for [[Continental Tire]] the Americas. It is also home to major distribution centers for [[National Automotive Parts Association|NAPA]], [[National Railway Equipment Company|National Railway Equipment]] (NREC), ALCO and IPT (subsidiaries of NREC), along with many other smaller industries which are located in or in close proximity to the city's three industrial parks. There is discussion of creating a fourth industrial park which is to be used for distribution centers in the area of the new interchange, this park would encompass {{convert|100|acre|km2}} and would be eligible for Tax Increment Financing and Enterprise Zone benefits.<ref>{{cite web|title=Mt. Vernon Enterprise Zones|url=http://mtvernon.com/newedc/enterprise.htm|website=City of Mount Vernon|access-date=September 30, 2014|archive-url=https://web.archive.org/web/20141006095126/http://mtvernon.com/newedc/enterprise.htm|archive-date=October 6, 2014|url-status=dead}}</ref> Two new TIF ([[Tax Increment Financing]]) districts have been created, one TIF is at Exit 95 and is a conservation/industrial use. Exit 94 is an Industrial Park Conservation TIF.<ref>{{cite web|title=JCDC TIF Information|url=http://www.jeffcodev.org/TaxIncrementFinancing.html|website=Jefferson County Development Corporation|publisher=JCDC|access-date=October 3, 2014|archive-date=October 6, 2014|archive-url=https://web.archive.org/web/20141006071910/http://www.jeffcodev.org/TaxIncrementFinancing.html|url-status=dead}}</ref> Pepsi has built a new service and distribution center that was completed in March 2011, it is located off of the Davidson Avenue extension. ===Top employers=== {| class="wikitable sortable mw-collapsible" |+2023 Annual Comprehensive Financial Report<ref>{{Cite web |date=April 30, 2023 |orig-date=April 30, 2023 |title=2023 (Annual Audit) City of Mt. Vernon, Illinois Comprehensive Annual Financial Report |url=https://www.mtvernon.com/media/ov0gy5vz/2023-2024-annual-audit.pdf |url-status=live |archive-url=https://web.archive.org/web/20240520154801/https://www.mtvernon.com/media/ov0gy5vz/2023-2024-annual-audit.pdf |archive-date=May 20, 2024 |access-date=June 28, 2024 }}</ref> !Employer !# of Employees |- |[[Continental AG|Continental Tires the Americas]] |3,496 |- |[[Walgreens]] Distribution Center |2,138 |- |[[SSM Health|Good Samaritan Hospital]] |1,484 |- |[[National Railway Equipment Company]] |376 |- |Crossroads Community Hospital |290 |- |[[Mount Vernon City Schools, District 80]] |283 |- |[[Rend Lake College]] |261 |- |Spero Family Services |197 |- |Jefferson County (government) |178 |- |[[Mt. Vernon Township High School (Illinois)|Mt. Vernon Township High School]] |171 |} The Annual Comprehensive Financial Report (Audit) contains supplemental opinions and audit information from an Independent audit firm. The independent audit firm in 2023 was Roth&Co, a Chicago-based audit firm. Data for prior years located below. {| class="wikitable sortable mw-collapsible mw-collapsed" |+'''2022'''<ref>{{Cite web |date=April 30, 2022 |orig-date=April 30, 2022 |title=2022 (Annual Audit) City of Mt. Vernon, Illinois Comprehensive Annual Financial Report |url=https://www.mtvernon.com/media/a5joxwxu/2021-2022-annual-audit.pdf |url-status=live |archive-url=https://web.archive.org/web/20240518160342/https://www.mtvernon.com/media/a5joxwxu/2021-2022-annual-audit.pdf |archive-date=May 18, 2024 |access-date=June 28, 2024 }}</ref> |- ! Employer ! # of Employees |- | [[Continental AG|Continental Tires the Americas]] |3,496 |- | [[Walgreens]] Distribution Center |2,138 |- | [[SSM Health|Good Samaritan Hospital]] |1,484 |- | [[National Railway Equipment Company]] |376 |- | Crossroads Community Hospital |290 |- | [[Mount Vernon City Schools, District 80]] |283 |- |[[Rend Lake College]] |261 |- |Spero Family Services |197 |- |Jefferson County (government) |178 |- | [[Mt. Vernon Township High School (Illinois)|Mt. Vernon Township High School]] |171 |- |City of Mount Vernon (government) |139 |- |Kroger |130 |- |Peoples National Bank |102 |- | [[Genuine Parts Company|Genuine Parts/NAPA]] Distribution Center |90 |- |Durham Bus Service |84 |- | Orthopaedic Center of Southern Illinois |78 |- |Medline Physicians Filing |77 |- | Magnum Steel Works |50 |} {| class="wikitable sortable mw-collapsible mw-collapsed" |+2021<ref>{{Cite web |last=Tate |first=Steven |date=April 30, 2021 |orig-date=April 30, 2021. End of Fiscal year 2021. Provided by Mt. Vernon Illinois Department of Finance |title=2021 (Annual Audit) City of Mt. Vernon, Illinois Comprehensive Annual Financial Report |url=https://www.mtvernon.com/media/sz2l11j2/2020-2021-annual-audit.pdf |url-status=live |archive-url=https://web.archive.org/web/20240519174920/https://www.mtvernon.com/media/sz2l11j2/2020-2021-annual-audit.pdf |archive-date=May 19, 2024 |access-date=June 28, 2024 |website= |page=190}}</ref> |- ! Employer ! # of Employees |- | [[Continental AG|Continental Tires the Americas]] |3,496 |- | [[Walgreens]] Distribution Center |2,138 |- | [[SSM Health|Good Samaritan Hospital]] |1,484 |- | [[National Railway Equipment Company]] |376 |- | Crossroads Community Hospital |290 |- | [[Mount Vernon City Schools, District 80]] |283 |- |[[Rend Lake College]] |261 |- |Spero Family Services |197 |- |Jefferson County (government) |178 |- | [[Mt. Vernon Township High School (Illinois)|Mt. Vernon Township High School]] |171 |- |City of Mount Vernon (government) |139 |- |Kroger |130 |- |Peoples National Bank |102 |- | [[Genuine Parts Company|Genuine Parts/NAPA]] Distribution Center |90 |- |Durham Bus Service |84 |- | Orthopaedic Center of Southern Illinois |78 |- |Medline Physicians Filing |77 |- | Magnum Steel Works |50 |}
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