Long Island IDA Data for 2018

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Regional Summary - Total IDAs: 8

  • Project Count: 846
  • Total Project Values: $14,036,814,476
  • Total Tax Exemptions: $324,761,056
  • Total PILOTs: $153,353,273
  • Net Tax Exemptions: $171,407,783
  • Net Tax Exemptions Per Project: $202,610
  • Estimated Jobs to be Created: 37,280
  • Estimated Jobs to be Retained: 53,815
  • Full Time Equivalents Before IDA: 55,252
  • Current Full Time Equivalents: 101,124
  • Estimated Net Job Change: $45,873
  • Net Tax Exemptions Per Job Gained: $3,737
  • IDA Expenses: $7,593,004
  • Expenses Per Job Gained: $166
  • Expenses Per Project: $8,975
Nassau County Industrial Development Agency
Region: Long Island
  • Project Count: 181
  • Total Project Values: $3,886,430,572
  • Total Tax Exemptions: $101,874,655
  • Total PILOTs: $43,316,781
  • Net Tax Exemptions: $58,557,874
County: Nassau
  • Net Exemptions Per Project: $323,524
  • Estimated Jobs to be Created: 6,580
  • Estimated Jobs to be Retained: 15,533
  • Full Time Equivalents Before IDA: 16,229
  • Current Full Time Equivalents: 29,008
Type: County IDA
  • Estimated Net Job Change: 12,779
  • Net Exemptions Per Job Gained: $4,582
  • IDA Expenses: $2,261,591
  • Expenses Per Job Gained: $177
  • Expenses Per Project: $12,495
Suffolk County Industrial Development Agency
Region: Long Island
  • Project Count: 137
  • Total Project Values: $2,203,365,362
  • Total Tax Exemptions: $28,567,648
  • Total PILOTs: $16,980,647
  • Net Tax Exemptions: $11,587,000
County: Suffolk
  • Net Exemptions Per Project: $84,577
  • Estimated Jobs to be Created: 9,798
  • Estimated Jobs to be Retained: 8,004
  • Full Time Equivalents Before IDA: 8,004
  • Current Full Time Equivalents: 20,885
Type: County IDA
  • Estimated Net Job Change: 12,881
  • Net Exemptions Per Job Gained: $900
  • IDA Expenses: $819,882
  • Expenses Per Job Gained: $64
  • Expenses Per Project: $5,985
City of Glen Cove Industrial Development Agency
Region: Long Island
  • Project Count: 10
  • Total Project Values: $1,155,418,954
  • Total Tax Exemptions: $11,647,463
  • Total PILOTs: $3,759,849
  • Net Tax Exemptions:
County: Nassau
  • Net Exemptions Per Project: $788,761
  • Estimated Jobs to be Created: 295
  • Estimated Jobs to be Retained: 14
  • Full Time Equivalents Before IDA: 14
  • Current Full Time Equivalents: 195
Type: City IDA
  • Estimated Net Job Change: 181
  • Net Exemptions Per Job Gained: $43,578
  • IDA Expenses: $516,519
  • Expenses Per Job Gained: $2,854
  • Expenses Per Project: $51,652
Town of Babylon Industrial Development Agency
Region: Long Island
  • Project Count: 187
  • Total Project Values: $1,457,215,949
  • Total Tax Exemptions: $33,463,837
  • Total PILOTs: $16,652,804
  • Net Tax Exemptions:
County: Suffolk
  • Net Exemptions Per Project: $89,899
  • Estimated Jobs to be Created: 6,848
  • Estimated Jobs to be Retained: 7,723
  • Full Time Equivalents Before IDA: 8,188
  • Current Full Time Equivalents: 15,030
Type: Town IDA
  • Estimated Net Job Change: 6,842
  • Net Exemptions Per Job Gained: $2,457
  • IDA Expenses: $1,574,236
  • Expenses Per Job Gained: $230
  • Expenses Per Project: $8,418
Town of Brookhaven Industrial Development Agency
Region: Long Island
  • Project Count: 81
  • Total Project Values: $1,758,690,095
  • Total Tax Exemptions: $29,978,869
  • Total PILOTs: $17,400,602
  • Net Tax Exemptions:
County: Suffolk
  • Net Exemptions Per Project: $155,287
  • Estimated Jobs to be Created: 2,931
  • Estimated Jobs to be Retained: 2,281
  • Full Time Equivalents Before IDA: 2,457
  • Current Full Time Equivalents: 7,156
Type: Town IDA
  • Estimated Net Job Change: 4,699
  • Net Exemptions Per Job Gained: $2,677
  • IDA Expenses: $711,394
  • Expenses Per Job Gained: $151
  • Expenses Per Project: $8,783
Town of Hempstead Industrial Development Agency
Region: Long Island
  • Project Count: 78
  • Total Project Values: $2,004,356,529
  • Total Tax Exemptions: $74,733,660
  • Total PILOTs: $35,101,039
  • Net Tax Exemptions:
County: Nassau
  • Net Exemptions Per Project: $508,111
  • Estimated Jobs to be Created: 4,679
  • Estimated Jobs to be Retained: 8,136
  • Full Time Equivalents Before IDA: 8,136
  • Current Full Time Equivalents: 11,496
Type: Town IDA
  • Estimated Net Job Change: 3,360
  • Net Exemptions Per Job Gained: $11,795
  • IDA Expenses: $912,588
  • Expenses Per Job Gained: $272
  • Expenses Per Project: $11,700
Town of Islip Industrial Development Agency
Region: Long Island
  • Project Count: 136
  • Total Project Values: $1,219,778,469
  • Total Tax Exemptions: $39,923,707
  • Total PILOTs: $18,600,762
  • Net Tax Exemptions:
County: Suffolk
  • Net Exemptions Per Project: $156,786
  • Estimated Jobs to be Created: 5,384
  • Estimated Jobs to be Retained: 11,043
  • Full Time Equivalents Before IDA: 11,143
  • Current Full Time Equivalents: 14,892
Type: Town IDA
  • Estimated Net Job Change: 3,749
  • Net Exemptions Per Job Gained: $5,688
  • IDA Expenses: $552,745
  • Expenses Per Job Gained: $147
  • Expenses Per Project: $4,064
Town of Riverhead Industrial Development Agency
Region: Long Island
  • Project Count: 36
  • Total Project Values: $351,558,546
  • Total Tax Exemptions: $4,571,218
  • Total PILOTs: $1,540,790
  • Net Tax Exemptions:
County: Suffolk
  • Net Exemptions Per Project: $84,179
  • Estimated Jobs to be Created: 766
  • Estimated Jobs to be Retained: 1,081
  • Full Time Equivalents Before IDA: 1,081
  • Current Full Time Equivalents: 2,464
Type: Town IDA
  • Estimated Net Job Change: 1,383
  • Net Exemptions Per Job Gained: $2,192
  • IDA Expenses: $244,049
  • Expenses Per Job Gained: $177
  • Expenses Per Project: $6,779