How Long Island’s eight IDAs compare

Industrial development agencies, appointed bodies that give tax breaks to companies in an effort to create or save jobs, have had a varied track record on Long Island. Here are the details for 2004 and 2016, compiled by Newsday reporter James T. Madore, for the eight local IDAs, seen in seven charts you can step through using the arrow buttons.

IDA performance in seven charts

In Islip, figures include 2015 data for six projects that did not respond to the IDA’s annual survey. You can read more about the efforts to rein in the IDAs. And below is the data from the charts, with percentage change and totals or averages.

Active projects

20042016Difference
Nassau County IDA67173158%
Suffolk County IDA11513820%
Glen Cove IDA410150%
Hempstead Town IDA468074%
Babylon Town IDA71186162%
Brookhaven Town IDA637621%
Islip Town IDA6411681%
Riverhead Town IDA193374%
   TOTAL44981281%

Total tax savings for the companies

20042016Difference
Nassau County IDA$10,607,565$43,642,194 311%
Suffolk County IDA$6,152,248 $6,970,070 13%
Glen Cove IDA$2,343,171 $3,182,691 36%
Hempstead Town IDA$10,340,696 $46,607,749 351%
Babylon Town IDA$3,240,163 $14,024,478 333%
Brookhaven Town IDA$3,511,757 $9,610,193 174%
Islip Town IDA$5,852,545 $16,791,603 187%
Riverhead Town IDA$1,177,080 $2,367,995 101%
   TOTAL$43,225,225 $143,196,973 231%

Total taxes that would have been paid

20042016Difference
Nassau County IDA$10,925,822 $88,640,203711%
Suffolk County IDA$20,102,143 $26,342,367 31%
Glen Cove IDA$2,673,371 $6,187,109 131%
Hempstead Town IDA$17,578,925 $68,705,158 291%
Babylon Town IDA$8,656,868 $29,128,977 236%
Brookhaven Town IDA$4,794,588 $23,732,817 395%
Islip Town IDA$12,686,809 $33,746,880 166%
Riverhead Town IDA$1,998,619 $3,408,785 71%
   TOTAL$79,417,145 $279,892,296 252%

Tax savings granted per job

20042016Difference
Nassau County IDAN/A$3,014 N/A
Suffolk County IDA$329 $454 34%
Glen Cove IDA$11,600 $22,572 95%
Hempstead Town IDA$3,659 $8,280 126%
Babylon Town IDA$1,462 $2,075 42%
Brookhaven Town IDA$578 $1,779 208%
Islip Town IDA$2,235 $5,792 159%
Riverhead Town IDA$1,539 $2,406 56%
   LONG ISLAND$1,748 $2,773 59%

Job change for companies in the year

20042016Difference
Nassau County IDA-8,67814,478N/A
Suffolk County IDA18,69615,342-18%
Glen Cove IDA202141-30%
Hempstead Town IDA2,8265,62999%
Babylon Town IDA2,2176,758205%
Brookhaven Town IDA6,0795,401-11%
Islip Town IDA2,6182,89911%
Riverhead Town IDA76598429%
   TOTAL24,72851,632109%

Total tax payments made

20042016Difference
Nassau County IDA$318,257$44,998,010 14039%
Suffolk County IDA$13,949,895 $19,372,297 39%
Glen Cove IDA$330,200 $3,004,418 810%
Hempstead Town IDA$7,238,229 $22,097,409 205%
Babylon Town IDA$5,416,705 $15,104,499 179%
Brookhaven Town IDA$1,282,831 $14,122,624 1001%
Islip Town IDA$6,834,264 $16,955,277 148%
Riverhead Town IDA$821,539 $1,040,790 27%
   TOTAL$36,191,920 $136,695,324 278%

Tax savings per project

20042016Difference
Nassau County IDA$158,322$252,267 59%
Suffolk County IDA$53,498 $50,508 -6%
Glen Cove IDA$585,793 $318,269 -46%
Hempstead Town IDA$224,798 $582,597 159%
Babylon Town IDA$45,636 $75,400 65%
Brookhaven Town IDA$55,742 $126,450 127%
Islip Town IDA$91,446 $144,755 58%
Riverhead Town IDA$61,952 $71,757 16%
   LONG ISLAND$96,270 $176,351 83%

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