Deer Park small businesses get relief
November 20, 2012 by Sarah
With Hurricane Sandy still fresh in the mind, the Suffolk County Industrial Development Agency (IDA) has announced a program that will be welcomed by the business community of Deer Park. The IDA has unveiled a program that provides sales tax relief to small businesses to ease the burden of reconstruction and damage repair.
Materials covered under the tax relief project include windows, building supplies such as flooring, sheet rock, and paint, as well as the purchase of equipment affected by the storms but needed to get the business operational. The inclusion of equipment items is especially appealing to such businesses as the local print company which relies on specialized printers and copiers for large volume, high-end brochure printing, catalog printing, or poster printing orders to maintain profitability.
County Executive Steve Bellone issued a statement, part of which said:
“…this program will provide immediate relief for our businesses to rebuild.”
Anthony Manetta, executive director of the Suffolk County IDA, also announced that programs administered by the organization have been streamlined to facilitate quick business recovery.
This latest tax relief measure will cover purchase costs as high as $100,000 and is expected to provide assistance for as many as 200 area businesses. Businesses eligible for support must have no more than 50 full-time workers.
The IDA will also assist business owners in seeking additional support from the Town in which they operate. Manetta stated:
“Partnering with the Towns gives an added level of support to the local business owners in need of help.”
For further information, owners who have suffered storm damage to their business location should contact the Suffolk County IDA at 631-853-4802.