Initiative for Development Accountability

 

 

Media Advisory

COMIDA Manager questioned on report, April 25

 

Contact

Jon Greenbaum 880-8731

 

Community Groups Questions COMIDA’s Performance

COMIDA Manager Defends Tax Breaks

 

 

What:              Gates Chili Chamber of Commerce lunch, Featured Speaker-Judy Seil, Economic Development Manager for COMIDA. Members of the Initiative for Development Accountability will be asking Ms. Seil about the report COMIDA Isn’t Spanish for Free Lunch.

1) Does she support statewide IDA reform?

2) Why does COMIDA subsidize one small business over another (like CPA's, dentists, restaurants, spas, and skating rinks).

3) Has COMIDA ever recouped any money from any of the 63% of subsidized businesses that didn't provide the promised jobs?

4) Why hasn't COMIDA reported sales tax breaks for the years 2003 and 2004?

 

When:             Tues April 25, noon

 

Where:            Gates Fire District #1, 2355 Chili Avenue

 

Why:               COMIDA Isn’t Spanish for Free Lunch shows that in 2002-04 COMIDA gave out tax breaks totaling $24 million but that 64% of the subsidized businesses did not create the jobs that they promised to create. The Initiative for Development Accountability is a statewide organization working to create accountability for IDA tax subsidies. Senator Maziarz has sponsored legislation that would: empower communities to recoup tax subsidies if the promised jobs are not created, require Community Impact Reports that assessed the subsidy on the community (does the subsidy help one business owner steal customers from another business owner?), and would mandate basic standards such as local hiring and prevailing wages (COMIDA currently has a local hiring provision but other IDA’s do not).

 

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