- Associated Press - Tuesday, May 19, 2015

ALBANY, N.Y. (AP) - New York’s comptroller reports that the state’s industrial development agencies received $660 million in tax exemptions in 2013, up $105 million from 2012.

The report shows the 109 active IDAs have 4,709 projects with a total value of $76.8 billion, in their missions to attract, retain and expand businesses through financial assistance.

The report for 2013 shows a total of 644,080 full-time jobs, including 199,943 created or retained over the life of the projects at a median cost of $2,095 per job.

That compares with 2012 data showing cumulative projected job gains or retention of 222,645 with the median cost per job of $1,967.

Operating expenses in 2013 totaled $88.9 million, with $13.6 million for the New York City IDA.

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