Alaina Potrikus of the Syracuse Post-Standard writes - “Local economic development leaders have joined a statewide fight against $5 million in fees issued by the New York State Department of Taxation and Finance earlier this year.
Industrial Development Agency officials from Madison, Onondaga, Oswego and Oneida counties signed on as part of a lawsuit filed by nearly three dozen agencies last week opposing the tax they say is designed to help state officials close the ever-growing budget gap.

The agencies, tasked with attracting new businesses and supporting existing ones, received the bills in February, although the tax was approved in last year’s state budget.

Locally, the Syracuse IDA was hit the hardest, with a $242,003 assessment. Madison County faces a tax bill of $12,577. Onondaga County IDA’s bill: $54,384; the city of Auburn’s was $47,400; and Oswego County’s $32,861.”

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