HAMBURG, N.Y. -- A state audit shows your tax dollars might be fronting tax breaks for businesses that aren't fulfilling their part of the deal.
The New York State Comptroller's Office reviewed whether the Hamburg IDA is meeting job creation goals.
The audit reviewed twenty-one businesses and found a recapture policy is missing within the project agreement. The policy would allow the IDA to claw back tax benefits if the businesses do not reach the job creation goals.
Brian Butry Spokesman New York State Comptroller said, "Essentially what it is, is a protection for taxpayers in that community, to make sure they're not fronting tax incentives to businesses that essentially have no accountability for the future."