Schenectady Industrial Development Agency  ♦  Center City Plaza Schenectady, NY 12305  ♦  (518) 377-1109  (518) 382-2575 (fax)
Jayme Lahut, Executive Director 


 

Mission Statement and Performance Measurements
Name of Public Authority: Schenectady County Industrial Development Agency Public Authority's Mission Statement: The Agency’s mission is providing resources that promote private-sector investment, innovation, and growth and attract, retain and nurture high quality jobs throughout Schenectady County with a focus on sustainable commercial, industrial,research and recreational facilities and projects. To secure increased private investment and job development, the agency will provide technical assistance and financial assistance to eligible projects consistent with Article18-A of the General Municipal Law of the State of New York.

Date Adopted: March 4, 2016

List of Performance Goals

  • New capital investment: $10,000,000 during 2016
  • Jobs retained among existing projects: 100%
  • Jobs created among ongoing projects: 5% increase
  • Percentage change in real property taxes exemptions among ongoing projects: 3% decrease
  • Percentage change in Pilot payments to affected taxing jurisdictions among ongoing projects: 5% increase

Performance Results (2015)

  • New capital investment: $3,500,000 during 2015
  • Jobs retained among existing projects: 100%
  •  Jobs created among ongoing projects: No change
  • Percentage change in real property taxes exemptions among ongoing projects:16.2% increase
  • Percentage change in Pilot payments to affected taxing jurisdictions among ongoing projects: 6% increase

News & Announcements

The Community Builders (TCB) and New York State Homes and Community Renewal (NYSHCR) today joined with Schenectady County officials to break ground