New Businesses, New Jobs.

Steve White, CEO of the Sullivan County Industrial Development Agency, was the guest speaker at our January 5^th meeting. He began by saying that it seems ironic that he ran the Federation for the Homeless for many years before taking over the leadership of the IDA. It gives him a unique perspective and he has brought “compassion” to the IDA.

Steve described the IDA as an “Economic Engine” that gives tax abatements to attract businesses to our area to enhance the economic growth of our area. He hinted that there are many new businesses coming to our area now that the license for the Casino has been granted. More new jobs will be created. The casino is just one important component in the opportunity to revitalize the economic health of Sullivan County. The other businesses that come as a result of the casino will really be the source of a renewed economy.

Steve talked about some of the IDA's past successes and some of the failures. One of the major myths he wanted to clear up is that people think that when a new IDA project comes into the county they don't pay any taxes. “That is just not true”, Steve said. Whatever the taxes are on the existing piece of property, “they must be paid”. The abatement goes forward from there. Also, a project does not move forward unless all the administrations around the county are in agreement.

In the past the IDA would go out and try to entice businesses to come to our area. Now, because of the casino, businesses are calling and expressing interest in relocating in Sullivan County. The IDA works closely with the Sullivan County Partnership and funds some of their programs.

Steve faced a very intense question and answer period during his presentation. Some members were very vocal about their disappointment with the IDA and some of it's past decisions.

After all is said and done - The main goal of the IDA is to attract new businesses to our area which will create new jobs and increase the tax base. Perhaps this will ultimately lead to the rebirth of our beautiful county.