Authority Policies and Compliance
In accordance with best practices and the New York State Public Authorities Accountability Act, the Authority has adopted a series of policies to ensure accountability and transparency of operations.
Authority Policies
Policies are adopted by the Board of Directors, as required by New York State Law. They are reviewed annually and updated from time-to-time.
Code of
Ethics
The Authority has developed and adopted a Code of Ethics to ensure transparent and effective operations. The full version of the Code can be found here.
Procurement
Policy
The Authority has adopted a procurement policy, which governs the purchase of goods and services; ensuring strong value for public and ratepayer investment. The full policy can be found here.
Conflict
Policy
The Authority has adopted a Conflict of Interest Policy to guide Board members in assessing, avoiding, and disclosing real and perceived conflict. The full policy can be found here.
Investment
Policy
The Authority has adopted an Investment Policy to guide decisions on allocation of unencumbered resources; ensuring maximum value for the public and ratepayers. The full policy can be found here.
Whistle-
Blower Policy
The Authority has adopted a Whistleblower Policy to protect Boardmembers, employees, and others from retaliation when bringing unethical or illegal matters to light. The full policy can be found here.
Other Compliance Matters
The Authorities Budget Office requires that certain documents and reports be posted and updated regularly. Those may be found below. For more information, contact our Executive Director.
Annual
Report
The Public Authorities Accountability Act (PAAA) requires an annual report of operations and accomplishments. Our current report can be found here.
Current Budget
The Authority approved its FY2026 budget at its October 23, 2025 regular meeting. The budget document is available here.
Financial Statements
The Authority is in its first year of operations. At the close of our first year, we will engage an Audit firm to compile financial statements. They will be posted here.
Performance Measurement
The Public Authorities Accountability Act (PAAA) requires annual review and assessment of the Authority mission statement by its Board of Directors. The current review can be found here.
Debt Schedule
The Authority currently holds no debt. Future schedules for bonded and other debt will be overviewed here.
Property Transactions
The Authority currently owns no real or personal property, and has engaged in no property transactions since its inception. Future transactions will be overviewed here.
Certificate of
Authority
The Authority's enabling legislation requires that a Certificate of Authority be filed within twelve months of enactment with the New York Department of State. That certificate was filed on September 3, 2025. A copy can be reviewed here.