« Return to search form

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 JurisdictionCity of Buffalo
Jurisdiction type: Municipality
Fiscal year ending In2023
Program nameErie County Industrial Development Agency programs
Program purpose: Job Creation/Retention
Statutory authority: (not specified)
Abating jurisdiction(s): Erie County, New York
Applicable taxesProperty Tax
Method of abatement: Reduction in assessed value
Provisions for recapture: (not specified)
Gross revenue loss: $14,312,096
Reimbursement / offset: $4,526,165
Net revenue loss: $9,785,931
Type of loss: Passive
Additional notes on dislosure(none)
Document sourcehttps://buffalocomptroller.com/DocumentCenter/View/562/City-of-Buffalo-A...