The Town of Islip is widely recognized as an innovative, professionally run and business friendly town. Islip has received the Frank C. Moore Award for being the best run town in New York State. Islip's innovative, affordable housing programs have been recognized by New York State and the Federal government. A KPMG/Peat Marwick/Hofstra University independent research study found Islip to be the most business friendly town on Long Island.

The Town of Islip is also well known to the major financial institutions such as Moody 's, Standard and Poor's and Fitch, for its "sound and prudent management practices." Moody's recently upgraded the Town's bond rating citing its "substantial financial flexibility, conservative budgeting and steadily growing revenue base." And all these rating agencies have noted that Town government in Islip is run in a very businesslike and professional manner.

Islip Town's economic development programs are also widely recognized at the local, state and federal levels. Islip consistently leads the Long Island region in business activity, as measured by its Industrial Development deals, SBA 504 loans and New York State Job Development Authority loans. The Town of Islip's marketing efforts have received numerous New York State and national awards for excellence...