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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateNew York
Effected JurisdictionRensellaer County
Jurisdiction type: County
Fiscal year ending In2016
Program nameRensselaer County Industrial Development Agency (RCIDA)
Program purpose: General Economic Development (IRB)
Statutory authority: (not specified)
Abating jurisdiction(s): Rensselaer County
Applicable taxesProperty Tax
Method of abatement: Reduction in assessed value
Provisions for recapture: (not specified)
Gross revenue loss: $5,357,947
Reimbursement / offset: $2,462,890
Net revenue loss: $2,895,057
Type of loss: Active
Additional notes on dislosureReimbursement takes the form of payments in lieu of taxes