Each organization offers certain financial benefits such as tax-exempt and taxable bond financing, sales and use tax exemptions, mortgage recording tax exemptions, and real property tax abatements to meet their agency objectives.  The difference between the IDA and CRC is that the Capital Resource Corporation focuses on providing assistance to civic facility projects, which can include airport facilities, dock and wharf facilities, solid waste disposal facilities, recycling facilities, transportation-related infrastructure, and other projects eligible for qualified private activity bond financing pursuant to the Internal Revenue Code

Tax incentives are not grants or lump sums of money given to businesses from a local government fund. Rather, tax incentives function more like a “buy two, get one half off” investment for businesses. A business qualifies for tax incentives, or exemptions, or reductions, only when they invest or spend other amounts in accordance with guidelines stipulated in the Clinton County IDA and CRC policies. These programs include “Payment In Lieu of Taxes,” or PILOT programs, which in simple terms require a business to spend money in one area, in order to save money in another area. Other incentives can give a business a break on sales taxes for the purchase of construction materials on their project, again, still requiring the business to spend the money to purchase the materials, or a mortgage tax exemption in some cases. These incentive programs can reduce taxes and improve the bottom line, resulting in lower expansion costs for eligible companies