August 2010 Report:
(1.6 mb PDF)
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No Return on Our Investment:
The Failure of New York’s Industrial Development Agencies
This new report from Urban Agenda and New York Jobs with Justice finds that New York State’s main economic development tool, Industrial Development Agencies (IDAs), are spending spiraling amounts of tax dollars each year while failing to create jobs and hiding from public scrutiny.
No Return on Our Investment identifies emerging and troublesome economic development issues and uses concrete examples of IDA-subsidized projects as well as workers, residents and small business owners throughout the state to highlight the flaws of the state’s 115 IDAs. For more information, read our press release or download a copy of our report. |
