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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.

State or TerritoryNew York
Effected JurisdictionSuffolk County
Jurisdiction type: County
Fiscal year ending In2017
Program nameVarious 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 Babylon, New York
Applicable taxesProperty Tax; Sales Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $2,249,741
Reimbursement / offset: $1,986,802
Net revenue loss: $262,939
Type of loss: Passive
Additional notes on dislosureAbated by town Industrial Development Agency (IDA)