October 18, 2021
Comments Off on Report: ESD fails to fully evaluate most of its economic development programs
Empire State Development spends nearly $2 billion annually in taxpayer money for loans, grants, tax credits and other incentives to companies and projects, but fails to properly evaluate most of its programs to determine if they actually are boosting the ...
Tagged with: audit comptroller dinapoli economy empire state development ESD legislature Taxes taxpayers thomas dinapoli
Read More »
February 22, 2021
Comments Off on State comptroller’s audit follow-up finds issues with Pittsford budget process
The village of Pittsford has demonstrated limited progress implementing corrective actions with regard to its budget, a follow-up audit from the state comptroller’s office shows. In a previous report issued in July 2017, auditors identified problems with the board’s oversight ...
Tagged with: audit comptroller finance pittsford thomas dinapoli village of pittsford
Read More »
July 20, 2020
Comments Off on Report: Finger Lakes IDAs approved $60.4 million in tax exemptions in 2018
In 2018, New York’s Finger Lakes industrial development agencies approved $60.4 million in tax exemptions to projects valued at $8.1 billion, a new report from state Comptroller Thomas DiNapoli shows. The 2020 annual “Performance of Industrial Development Agencies in New ...
Tagged with: audit dinapoli IDA industrial development tax exemptions
Read More »
Rochester Business Journal Leading source of business news and information in Rochester, N.Y.