WSHU: Outside NYC, Brookhaven IDA rakes in highest fees in 2021
![Classroom and schools](https://goodjobsfirst.org/wp-content/uploads/2023/02/Screen-Shot-2023-02-09-at-1.51.15-PM-300x199.png)
“The Brookhaven IDA (Industrial Development Agency) brought in the most revenue outside of New York City in 2021 from fees in putting together deals for corporate tax breaks.
More — and bigger — tax abatement deals mean more revenues for IDAs. These unelected boards drive economic development in counties, cities, towns and villages — in Brookhaven, its members are appointed by the Town Board.
Brookhaven IDA raked in more than $5 million in revenue, according to national policy resource center Good Jobs First. In comparison, New York City IDA brought in $14 million, while the next highest charges for services was $1 million less in several upstate IDAs that are countywide — instead of a single town. (Brookhaven has among the largest populations in New York.)”
Read the full story at WSHU.