IDA Transparency | Your Local IDA

IDA's have a wide range of influences in your local community. Which focus area is most important to you?

Poll Results

Creating/saving local jobs for local workers

Very Important

74%

Somewhat Important

Not Important

22%

Investing in our local communities

Very Important

72%

Somewhat Important

Not Important

21%

Growing the local tax base

Very Important

61%

Somewhat Important

16%

Not Important

23%

Helping local businesses grow

Very Important

70%

Somewhat Important

Not Important

22%

Supporting the next generation of workers

Very Important

62%

Somewhat Important

13%

Not Important

25%

IDA Transparency and Accountability Policies

Because IDAs have a direct impact on everyone in the community, we operate in a completely open and transparent fashion. To this end, all IDA meetings, documents, programs and projects are public information and freely accessible to all parties.

Local IDAs are fully transparent and accountable for our actions. Below are some of the regulations that ensure the transparency of IDAs:

IDA meeting notices are published in local newspapers 30 days prior to each meeting. Most IDAs hold meetings monthly on the same day and time each month. All IDA meetings are open to the public.
All IDAs must file an annual report with the Office of the New York State Comptroller. This report is due 120 days after the calendar year ends. The report must also be filed with the New York State Department of Economic Development. It is the IDA’s responsibility to notify the majority leader of its County Legislature when it has filed the report.
All IDA projects eligible for benefits greater than $100,000 must hold public hearings in the taxing jurisdiction for the project. The local IDA must publish a legal notice of the public hearing 30 days before the hearing date. The IDA must notify the head of the local taxing jurisdiction—County Executive, Mayor, or Supervisor and Superintendent—of the hearing.
Each IDA must include the following information on its website (according to the Public Authorities Accountability Act): meeting minutes and agendas, public hearing notices, financial statements/budgets and adopted policies and information, such as code of ethics; organization chart; by-laws, and certificate of establishment.

To Download our Public Authority Accountability Act of 2005 (PDF) - Click Here.

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yates County

CASP, LLC

In 2007, CASP, LLC, a dairy-based processor and aseptic packaging company, invested $2.87 million on new manufacturing equipment and a building expansion to facilitate a new coffee product line.