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Nardozzi Companies tax break criticized at public hearing

  • / Updated:
  • Staff Report 

A tax break proposal of approximately $1.1 million for Nardozzi Companies, a road construction and waste-hauling firm, is facing criticism. The company, seeking to construct new headquarters in the city’s Industrial Park, is requesting a property tax exemption of nearly $920,957 over 10-15 years, along with sales and mortgage tax exemptions totaling $188,493. The proposed incentives are expected to generate 12-15 jobs over three years and retain 40-60 existing roles.

Residents voiced their opposition during a public hearing on May 3, challenging the rationale for granting tax breaks to a well-established local company. Critics, including Kathryn Slining-Haynes, argue that these concessions undermine the city’s objective of increasing revenue and strengthening the tax base. Concerns were raised over the city’s past losses due to similar payment-in-lieu-of-taxes (PILOT) agreements and the potential for such practices to perpetuate a cycle of corporate tax breaks.

Nardozzi Companies, in defense of its request, maintains the necessity of the PILOT for its expansion plans. James Nardozzi, the company’s president, stated that the firm has created 43 well-paying jobs without such incentives in the past. The Industrial Development Agency has yet to schedule a vote on the proposed tax breaks, with discussions slated to follow the Planning Board’s approval of the site plan.