The Daily Gazette
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Saratoga County school districts want say in IDA tax breaks

Exemptions create issue with tax cap, future income

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The county Industrial Development Agency will re-evaluate its policy on granting economic development tax breaks to attract new manufacturing companies. Agency board members hope it can find a way to address the concerns of local school districts, who say the tax exemption policy hurts their bottom lines under the state’s 2 percent tax cap. But agency officials also say they don’t want to discourage new businesses by cutting back on the incentives the IDA can ...

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