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.
State or Territory: | New York |
Effected Jurisdiction: | Suffolk County |
Jurisdiction type:![]() | County |
Fiscal year ending In: | 2017 |
Program name: | Various PILOT Agreements |
Program purpose:![]() | General Economic Development |
Statutory authority:![]() | Article 18-A of the New York State Municipal Law, "New York State Industrial Development Agency Act" |
Abating jurisdiction(s):![]() | Town of Islip, New York |
Applicable taxes: | Property Tax; Sales Tax |
Method of abatement:![]() | Tax Abatement |
Provisions for recapture:![]() | (not specified) |
Gross revenue loss:![]() | $1,856,913 |
Reimbursement / offset:![]() | $1,336,437 |
Net revenue loss:![]() | $520,476 |
Type of loss:![]() | Passive |
Additional notes on dislosure: | Abated by town Industrial Development Agency (IDA) |