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Tax-incentive review: commissioners acknowledge ADF findings as NYSource exceeds promised jobs
Summary
Sam Filkins of the Area Development Foundation reported that NYSource (Columbia Gas/iSource facility) met and exceeded job and payroll commitments (promised 12 retained + 2 new; reported 42 employees and roughly $3.7M payroll); Feet Precision met investment requirements and its abatement is in its final year.
Sam Filkins of the Area Development Foundation addressed the county commissioners to present the Tax Incentive Review Commission’s annual review of abated projects.
Filkins said NYSource (Columbia Gas/iSource) initially promised to retain 12 employees and create two new jobs under its abatement terms but has reported 42 employees and payroll in excess of roughly $3.7 million, meeting and exceeding…
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