January 19, 2011
State Authorities Budget Office still waiting for budget reports from ESDC and affiliate JDA
Atlantic Yards Report
According to the state Authorities Budget Office (ABO), Public Authorities That Have Failed to File Reports in the Public Authorities Reporting Information System as of January 4, 2011 (embedded below), the Empire State Development Corporation (ESDC, aka Urban Development Corporation) and its affiliate, the Job Development Authority (JDA), did not file required budget reports 90 days prior to the start of the fiscal year.
I asked the ESDC last week about the reason for the delay and the plans to comply, but haven't heard back. The ABO was beefed up somewhat after reforms strengthening oversight over public authorities, but it can't do its job if agencies don't comply.
In July, I reported that the JDA had not filed an annual report; the latest ABO report suggests that it has since done so. I'm waiting for details on that, too.
Posted by eric at January 19, 2011 10:16 AM