Locate Finger Lakes Business Journal
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