"Subsidy deals" refer to agreements or arrangements in which a government or organization provides financial assistance to help reduce the cost of something.
Full definition
They built a database that tracked nearly 16,000
subsidy deals involving 12 of the state's largest economic development programs and and locally controlled industrial development agencies.
The subsidies work out to about $ 1 million per job, making it the second
richest subsidy deal ever involving a single company.
There are reports that Apple may be trying to cut some sort
of subsidy deal with TV providers, similar to how cellphones and their service are sold.
Apple could launch a tablet at a steep price but quickly discount it through
subsidy deals with carriers or digital content sellers.
«The Presidency has also failed to offer explanations on the alleged involvement of its officials in various sneaky
oil subsidy deals as well as reported diversion of N1.1 trillion worth of crude last year to service APC interests.
«These new City laws will make it much easier to understand both the big picture of how the City is spending money and the specifics of hundreds of millions of dollars
in subsidy deals the City makes with businesses.
Watch as Ballmer scoffs and guffaws at the debut of the iPhone in 2007, giggling about the phone's $ 500 price tag (which, to be fair to Ballmer, Apple was forced to later reduce through
carrier subsidy deals).
1337 - A (Rosenthal), requires the Economic Development Corporation (EDC) to provide extensive information about
taxpayer subsidy deals including:
LeRoy, who has
studied subsidy deals across the country, said Cuomo's approach is unlikely to help upstate grow either its tax base or job market.
Those kind of standards have often gone out the window when state and local economic development officials have put
together subsidy deals to attract or retain companies in Western New York.
We need an online database
of subsidy deals, grants and MOU funds which makes it clear who sponsored the funds and where those funds are going.»
In order to replace the Venezuelan
oil subsidies deal, known as Petrocaribe, Mexico would have to supply Cuba with 55,000 barrels per day and another 39,000 barrels per day to other Petrocaribe nations in the Caribbean and Central America.
The package ranks as the sixth
richest subsidy deal in state history, according to data from Good Jobs First.
Using records obtained under the state Freedom of Information Law, state agency reports and the state's open data portal, they built a database that tracked some 16,000
subsidy deals involving 12 of the state's largest economic development programs and locally controlled industrial development agencies.
Local residents have to fund those forays because Amazon pays no property tax in Licking County under
their subsidy deal.
COR requested the tax breaks — which were valued at nearly $ 45 million — in October, but their approval touched off a war of words between Mahoney and Syracuse Mayor Stephanie Miner, who said the city's IDA should have negotiated
a subsidy deal.
But in a statement, a spokesperson noted that as part of the 2013
subsidy deal, Yahoo has agreed to donate $ 3.5 million to be spent on unspecified economic development projects in Western New York.
Corning illustrates the tradeoffs that come with
subsidy deals.
Officials have ignored pleas from state comptroller and reformers for improved transparency and tracking of
subsidy deals.
Among their proposed reforms was the state's publication of a «Database of Deals,» allowing the public to see the costs and benefits of
all subsidy deals.