This report summarizes project and financial data submitted by industrial development agencies (IDAs) for fiscal year 2023 – the most recent data available – through the Public Authorities Reporting Information System. It also contains a brief discussion of local development corporations, a related type of local authority. For regional and individual IDA summary-level data, see our Interactive Map.

The City of Kingston is a destination for culture, arts and history located along the Hudson River in eastern Ulster County in the Mid-Hudson Region. Kingston is doing well by many fiscal measures. However, housing affordability has been a pressure point for city leaders, who have used multiple strategies including zoning reform, rent stabilization and property tax exemptions to address this challenge. Recently, the city has experienced budgetary pressures, as it has ramped up its debt issuance to make long-term investments in infrastructure and institutions.

The Board of Fire Commissioners is responsible for the general management and control of fire district finances. An important aspect of this responsibility is to provide a process to routinely monitor and review the work performed by those who handle moneys as part of their fire district duties. Oversight becomes particularly important in operations that do not have adequate segregation of duties.

This report examines the ways that funding received by local governments – from federal stimulus programs – as well as volatile annual state and local revenue sources – can impact local budgeting. The temporary nature of the federal stimulus funds in combination with state aid that has not kept pace with inflation, sales tax growth that has returned to lower pre-pandemic levels, and flat property tax revenue growth can put local governments closer to the edge of the fiscal cliff if not carefully managed.

The City of Corning, located in Steuben County in the Southern Tier, is an economic and cultural center for the region. Despite a substantial decline in population since 1950, Corning is doing well by many fiscal measures. The City has also been successful in forming partnerships with local stakeholders to enhance economic development to serve visitors and residents.

New York State voters approved a constitutional amendment in 2013 which authorized seven commercial casinos. The first four of those opened between 2016 and 2018 in upstate communities and the Request for Applications for the remaining three licenses for downstate communities began in January 2023. This report analyzes the impact the revenue from the four upstate commercial casinos has had on the affected local governments.

A sample of 95 local governments across New York State reported $1.34 billion in actual and anticipated spending on capital projects over a 10-year period, with about $737 million (55% of the total) in response to climate-related hazards such as increased flooding and storm damage.

This guidance document discusses the importance of proper fiscal oversight by local and school district officials during these unprecedented times. It also identifies various revenues available under the CARES Act to local governments and school districts in New York State. Lastly, it addresses how CARES Act revenues and pandemic-related expenditures should be accounted for by local government and school district officials.
Updated July 2020 (Originally Issued June 2020)

This booklet has been prepared to familiarize you with the audit process and provide insight into the key stages of its development, from the earliest stages to the final report. It describes what auditors look for and their professional auditing standards. The booklet is intended only to highlight some of the significant elements of the audit.

These guidelines provide a framework and offer guidance that boards of education can use for establishing an audit committee charter. A sample charter is provided at the end of this guidance. This sample charter does not include all activities that might be appropriate to a particular audit committee, nor will all activities identified in this sample charter be relevant to every committee.