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Value of Industrial Development Agencies' Projects Increase Nearly 50 Percent Over Past Decade

Industrial Development Agencies (IDAs) reported 4,320 active projects valued at $109 billion for 2019, a 3.3 percent, or $3.5 billion, increase in project values from 2018, while net tax exemptions totaled $796 million in 2019, compared to nearly $784 million in 2018. Project values have increased by 48 percent since 2009, while the number of active projects has declined by six percent over the same period, according to a report released today by New York State Comptroller Thomas P. DiNapoli.

DiNapoli: Orange County Resident Arrested for Stealing Her Late Mother’s Pension Benefits

State Comptroller Thomas P. DiNapoli, Orange County District Attorney David M. Hoovler, and the New York State Police today announced that Valerie White, of Middletown, was arrested and charged with grand larceny in the second degree (Class C Felony) for allegedly stealing $51,532.64 of her late mother’s pension payments.

February Local Sales Tax Collections Down 4.2 Percent; Year Over Year Decline Narrows, March 2021

Overall sales tax collections for local governments declined by 4.2 percent in February compared to the same month in 2020. Collections totaled nearly $1.3 billion, down $55 million from February of last year. Collections are down $2.2 billion, or 12 percent, for the past 12 months (March 2020 – February 2021), compared to the same 12 months ending February 2020.

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