Film tax credits draw fire

By Brian Lockhart
Staff Writer

Published February 29 2008

Additional details emerged yesterday about the state’s behind-the-scenes bid to lure a renowned digital animator and its 300 employees from New York to Greenwich with tens of millions in film tax credits.

But it remains unclear how thoroughly the state’s effort to woo Blue Sky Studios Inc. has been analyzed and whether it will pay off.

State budget director Robert Genuario of Norwalk said he has not seen a cost-benefit analysis of the tax breaks.

Jim Watson, spokesman for the state Department of Economic and Community Development, said an economic examination of Blue Sky’s move exists.

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