Annual Performance Report on New York State's Industrial Development Agencies - Fiscal Year Ending 2013, May 2015

Editorial Group
Site Section
Region
Report Topics
Body

IDAs are important for economic development in the State, but local officials need to improve their scrutiny over projects so that taxpayers know if their community is receiving promised jobs and economic benefits. Recent audits have found deficiencies in IDA processes for approving and monitoring projects, as well as for recouping benefits from projects that have failed to meet their goals.

Release Date