Oneida County Industrial Development Agency PILOT Programs

Local Tax Abatement - Oneida County IDA Programs

Administrator: Oneida County IDA with Mohawk Valley EDGE support

Geographic Scope: Oneida County, New York

Overview:
Local incentives provided by Oneida County IDA to new companies and expansion projects, including Payment in Lieu of Taxes (PILOT) programs and sales tax relief.

Incentive Programs Available:

1. Payment in Lieu of Taxes (PILOT) Programs
   • Offset local real estate taxes
   • Reduces tax burden on qualifying projects
2. Sales Tax Relief
   • Relief from 8.75% sales tax
   • Applies to building materials and supplies
3. Mortgage Recording Tax Exemption
   • Exemption from mortgage recording tax
   • Reduces financing costs

Eligibility:

• New companies locating in Oneida County
• Business expansion projects
• Projects meeting IDA criteria

Contact:

• Mohawk Valley EDGE
• Phone: (315) 338-0393
• Address: 584 Phoenix Drive, Rome, NY 13441
• For information on combining with other incentive programs

Discrimination Statement: Mohawk Valley EDGE does not discriminate on the basis of race, color, national origin, sex, age, or disability in its program or activities.

Application Process

• Contact Oneida County Industrial Development Agency
• Work with Mohawk Valley EDGE for guidance on eligibility
• Contact Mohawk Valley EDGE at (315) 338-0393 or tfitzgerald@mvedge.org to learn more about how these programs can be combined with other incentives
• EDGE can assist in packaging incentive proposals for your specific project needs