Comptroller: Capital Region IDA tax breaks among largest in state

Comptroller: Capital Region IDA tax breaks among largest in state

ALBANY — Capital Region industrial development agencies were among the state’s most generous with tax exemptions, according to the state Comptroller’s Office.The comptroller’s annual IDA report also found that the Capital Region IDAs were some of the most frugal on their own operations, with among the lowest ratios of expenses per project.“This report gives taxpayers a clear look at the financial and project data as reported by IDAs for their communities,” state Comptroller Thomas DiNapoli said in a message accompanying the report, which covers the 2020 fiscal year.“IDAs can play an important role in helping local economies and businesses expand…
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COVID surge appears to be easing across Capital Region, state as fewer test positive

COVID surge appears to be easing across Capital Region, state as fewer test positive

ALBANY — The early-winter surge of COVID in New York shows continued signs of flattening or even declining, with the number of new infections each day of the past week significantly lower than in late December or early January.The progress is relative — the number of lab-confirmed positive tests each day is still far higher than the highest one-day total in the first 21 months of the pandemic.But the number of people hospitalized with COVID also has begun to decline, both for the state as a whole and individually in some of its regions. Some statistical snapshots from New York's battle…
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Huge one-day COVID jump possibly inflated by holiday delays

Huge one-day COVID jump possibly inflated by holiday delays

ALBANY — New York state and many of its counties shattered their one-day COVID infection records Tuesday, with the arrival of holiday-delayed test results possibly exaggerating the size of the pandemic's ongoing surge. Statewide, 67,090 new infections were reported Tuesday, far more than the previous one-day high — 49,708 on Dec. 24. In the eight-county Capital Region, Albany, Saratoga and Schenectady counties all had far more positive test results Tuesday than in any previous day in the 22-month pandemic. Rensselaer County set a new high by a narrow margin, while Columbia and Warren counties narrowly missed their one-day highs. Test…
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