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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 JurisdictionSuffolk County
Jurisdiction type: County
Fiscal year ending In2017
Program nameVarious PILOT Agreements
Program purpose: General Economic Development
Statutory authority: Section 485b of the NYS Real Property Tax Law
Abating jurisdiction(s): Suffolk County, New York
Applicable taxesProperty Tax; Sales Tax
Method of abatement: Tax Abatement
Provisions for recapture: SCIDA projects receiving property tax relief are subject to recapture of benefits in the case of: sale or closure of the facility, significant change in use of the facility, significant employment reductions, or failure to comply with terms of the abatement agreement.
Gross revenue loss: $3,042,127
Reimbursement / offset: $2,511,039
Net revenue loss: $531,088
Type of loss: Active
Additional notes on dislosureAbated by county Industrial Development Agency (SCIDA)