Industrial Development Agency (IDA) PILOTs and Tax Revenue Distribution
Chemung County
Summary
Legislators debated the history and benefits of Payment In Lieu of Tax (PILOT) agreements, defending past projects like the CVS distribution center against recent criticisms.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Mar 23, 2026.
Impact analysis
Projects like the CVS distribution center significantly boost local tax base valuation and county sales tax revenues.
County residents benefit from enhanced sales tax revenues and job creation driven by industrial development.
Mentions & discussions (3)
Legislative Standing Committees - Mar 23, 2026
Legislators debated the history and benefits of Payment In Lieu of Tax (PILOT) agreements, defending past projects like the CVS distribution center against recent criticisms.
Legislative Full Board - Mar 9, 2026
Town of Chemung Supervisor George Richter criticized the Chemung County IDA's PILOT agreements and revenue distribution, arguing that local municipalities receive a fraction of payments compared to the IDA and that tax exemptions burden local towns and school districts.
Joseph Roman named new Chemung County IDA, STEG leader
Joseph Roman named new Chemung County IDA, STEG leader Star-Gazette
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