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Public-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed

As New York state grapples with cost-effective solutions for its estimated $250 billion in infrastructure needs over the next 20 years, the state should examine both the opportunities that public-private partnerships offer as well as the underlying financial risks associated with forming those pa

DiNapoli Issues Report on Public-Private Partnerships

New York State Comptroller Thomas P. DiNapoli called for strong oversight provisions if New York broadens the authority of the state to enter into public-private partnership (P3) projects or goes forward with private financing of public projects.

Controlling Risk Without Gimmicks: New York’s Infrastructure Crisis and Public-Private Partnerships, January 2011

As New York State grapples with cost-effective solutions for its estimated $250 billion in infrastructure needs over the next 20 years, this report examines both the opportunities that public-private partnerships offer as well as the underlying financial risks associated with forming those partnerships.

Private Financing of Public Infrastructure: Risks and Options for New York State, June 2013

The Office of the State Comptroller recommends that, before State agencies are authorized to use P3 financing, policy makers should first develop a better  understanding of the potential costs and benefits of this approach. This report identifies a number of the risks  associated with privately financed infrastructure agreements and suggests ways to reduce such risks.

Performance of Industrial Development Agencies in New York State – 2023 Annual Report

This report summarizes data for fiscal year 2021, the most recent data reported by IDAs through the Public Authorities Reporting Information System. The report also contains a brief discussion of local development corporations, a related type of local authority. For IDA-level summary data, see our Interactive Map.