READ THE FULL 2016 IDA REPORT<\/strong><\/a><\/li>\n<\/ul>\nThe report, which focuses on financial and employment statistics for IDAs across the state (county, town, city, and village IDAs), showed there was a total of 208,700 net jobs gained in New York through various IDA projects across the state, with Long Island achieving nearly 25 percent of the statewide total.\u00a0 IDAs in upstate regions accounted for 43 percent of the total net jobs gained. In Western New York, IDAs helped the region gain 19,700 net jobs, or 9.4 percent of the statewide total.<\/p>\n
However, Chautauqua County’s IDA projects in 2016 <\/strong>resulted in just 319 net jobs gained<\/strong> in the county. That accounts for just 1.6 percent of the total net jobs gain for the entire WNY region.<\/p>\nIn addition to jobs gained, the report also offered information on net tax exemptions provided by all of the state’s IDAs. During 2016, $715 million in net tax exemptions were given out. Meanwhile, total expenses for all IDAs in New York was $125 million.<\/p>\n
When compared to other 57 county IDAs across the state, the Chautauqua County IDA ranked 40th out 57 in the category of net jobs gained, yet ranked 5th out 57 when it came to expenses.<\/p>\n
The report showed that Chautauqua County IDA expenses were $4.6 million in 2016. The Net Tax Exemptions given out in the county were $7.9 million, ranking it 16th out of 57 county IDAs in the state. The total project count was 41, ranking 18th.<\/p>\n
Put another way, the Chautauqua County IDA spent $14,400 and provided $24,700 in tax breaks for each net job gained<\/strong> in 2016.<\/p>\nFor comparison, all IDAs in New York State spent $600 and provided $3,425 in tax breaks for each net job gained<\/strong> during the same time period. In Western New York, all IDAs spent $700 and provided $2,990 in tax breaks for each net job gained<\/strong>.<\/p>\nBottom line, the county spent significantly more and gave away significantly more tax breaks for each job gained, compared to the state average.<\/p>\n
The Chautauqua County IDA executive director in 2016 was Kevin Sandvidge<\/strong>, who remained at the helm through last year. It saw a change in leadership earlier this year with the appointment of Mark Geise<\/strong> as Executive Director.<\/p>\n\u201cIDA projects continue to produce new jobs across the state, but the pace has slowed in several upstate areas,\u201d said DiNapoli. \u201cAcross New York there are nearly 4,500 IDA projects valued at $96 billion currently underway. In today’s economy, it is important communities benefit when offering tax breaks. Our report can help determine if the incentives supporting local economic development efforts are worth it.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
ALBANY – When compared to all other Industrial Development Agencies (IDAs) across New York State, the Chautauqua County IDA gave away significantly more tax breaks and also spent significantly more money in administrative expenses for each net job the county gained in 2016. That’s according to data released Friday by State Comptroller Thomas DiNapoli. READ […]<\/p>\n","protected":false},"author":22,"featured_media":20892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4],"tags":[7940,8447,3854,1504,2223],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2017\/01\/IDA-Board-Jan-24-2017.jpg?fit=1000%2C575&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3YlJ4-6Cz","jetpack-related-posts":[{"id":52874,"url":"https:\/\/www.wrfalp.com\/ccida-provides-10-times-as-much-in-tax-breaks-for-net-jobs-created-in-2021\/","url_meta":{"origin":25455,"position":0},"title":"CCIDA Provides 10 Times as Much In Tax Breaks For Net Jobs Created in 2021","author":"WRFA Radio","date":"July 5, 2023","format":false,"excerpt":"The Chautauqua County Industrial Development Agency provided ten times as much in tax breaks for each net job created in 2021, compared to the state average. That's according to data provided by State Comptroller Tom DiNapoli in his annual IDA report released in April. The report focused on the 109\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2021\/10\/ccida.jpg?fit=399%2C262&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":35398,"url":"https:\/\/www.wrfalp.com\/chautauqua-county-ida-had-poor-rate-of-return-on-net-jobs-gained-in-2018\/","url_meta":{"origin":25455,"position":1},"title":"Chautauqua County IDA Had Poor Rate of Return on Net Jobs Gained in 2018","author":"WRFA Radio","date":"August 19, 2020","format":false,"excerpt":"ALBANY - A recent report by the New York State Comptrollers Office shows the Chautauqua County Industrial Development Agency (CCIDA) ranked among the top counties in the state in 2018 when it came to operating expenses, as well as net tax exemptions given to projects. But despite the high rankings\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2020\/08\/IDA-2018-Header.jpg?fit=902%2C552&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2020\/08\/IDA-2018-Header.jpg?fit=902%2C552&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2020\/08\/IDA-2018-Header.jpg?fit=902%2C552&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2020\/08\/IDA-2018-Header.jpg?fit=902%2C552&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":40717,"url":"https:\/\/www.wrfalp.com\/comptrollers-annual-report-sheds-light-on-performance-of-chautauqua-county-ida\/","url_meta":{"origin":25455,"position":2},"title":"Comptroller’s Annual Report Sheds Light on Performance of Chautauqua County IDA","author":"WRFA Radio","date":"October 19, 2021","format":false,"excerpt":"ALBANY \u2013 A recent report by the New York State Comptrollers Office is providing some details into how the Chautauqua County Industrial Development Agency (CCIDA) performed when compared to other county IDAs from around the state. In June, State Comptroller Tom DiNapoli released his annual IDA report, which focuses on\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2021\/10\/IDA-2021-comptroller-report.jpg?fit=566%2C322&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2021\/10\/IDA-2021-comptroller-report.jpg?fit=566%2C322&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.wrfalp.com\/wp-content\/uploads\/2021\/10\/IDA-2021-comptroller-report.jpg?fit=566%2C322&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1723,"url":"https:\/\/www.wrfalp.com\/county-lawmakers-call-on-ida-to-provide-jobs-report\/","url_meta":{"origin":25455,"position":3},"title":"County Lawmakers Call on IDA to Provide Jobs Report","author":"WRFA Radio","date":"May 22, 2012","format":false,"excerpt":"MAYVILLE - A group of lawmakers in the Chautauqua County legislature wants to hold the county Industrial development Agency more accountable for bringing new business \u2013 and jobs \u2013 into the area. Legislators Tom DeJoe (D-Brocton), Paula DeJoy (D-Jamestown) and Lori Cornell (D-Jamestown) said that in light of New York\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2048,"url":"https:\/\/www.wrfalp.com\/chautauqua-county-ida-criticized-by-state-comptroller\/","url_meta":{"origin":25455,"position":4},"title":"Chautauqua County IDA Criticized by State Comptroller","author":"WRFA Radio","date":"June 27, 2012","format":false,"excerpt":"MAYVILLE - The Jamestown Post-Journal is reporting this morning that millions of dollars have been lost by Chautauqua County due to risky investment and questionable management decisions. Today\u2019s article is based on a scathing report released Tuesday by state comptroller Thomas DiNapoli. According to the report, the county lost nearly\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1498,"url":"https:\/\/www.wrfalp.com\/state-comptroller-calls-for-ida-reform\/","url_meta":{"origin":25455,"position":5},"title":"State Comptroller Calls for IDA Reform","author":"WRFA Radio","date":"May 2, 2012","format":false,"excerpt":"ALBANY - New York Comptroller Tom DiNapoli is taking aim at Industrial Development Agencies that give out tax breaks to lure in businesses. The state\u2019s top financial officer says there is room for improvement in how IDAs operate, specifically when it comes to creating job in exchange for the tax\u2026","rel":"","context":"In "Local News"","block_context":{"text":"Local News","link":"https:\/\/www.wrfalp.com\/category\/news\/local-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts\/25455"}],"collection":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/comments?post=25455"}],"version-history":[{"count":1,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts\/25455\/revisions"}],"predecessor-version":[{"id":25456,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/posts\/25455\/revisions\/25456"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/media\/20892"}],"wp:attachment":[{"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/media?parent=25455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/categories?post=25455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wrfalp.com\/wp-json\/wp\/v2\/tags?post=25455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}