Oneida County Industrial Development Agency PILOT Programs

Local Tax Abatement - Oneida County IDA Programs

Funder: Oneida County Industrial Development Agency

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.