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: | 2022 |
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 Riverhead, New York |
Applicable taxes: | Property Tax; Sales Tax |
Method of abatement: | Tax Abatement |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $353,402 |
Reimbursement / offset: | $62,447 |
Net revenue loss: | $290,955 |
Type of loss: | Passive |
Additional notes on dislosure: | Abated by town Industrial Development Agency (IDA) |
Document source: | https://www.suffolkcountyny.gov/Portals/2/documents/2022%20ACFR%20FINAL-... |