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IDAs are good for business

Not just financially but with intangible benefits too

Reposted from the Finger Lakes Times

There was quite a typo in last Tuesday’s edition in a story on Page 2 headlined “Waterloo Container seeks $207,050 in tax exemptions from IDA.” In the final paragraph, the article states, “the preliminary estimate of direct benefits to the immediate region over 10 years is $32,423 consisting of payroll, property tax revenue and sales tax revenue.” The actual estimate of direct benefits that I provided is
$32,423,000. Yes, $32 million — not $32 thousand.

A correction was printed in the following day’s edition, but it occurred to me
that this is a good opportunity to give…Read the Entire Article

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