Public Authority Reporting
Public Authorities Law
The Public Authorities Accountability Law of 2005 is intended as a comprehensive reform measure to ensure accountability of public authorities in New York. Under the Act, Metroplex is classified as a "Local Authority."
The Law, among other things, requires state and local authorities to submit a variety of reports; establishes the role and responsiblities of board members of state and local authorities; relates to the disposition of property by state and local authorities; and creates independent oversight and compliance management offices.
Section 2800(2)(b) of the law requires website reporting. To the extent practicable, each Authority must post on its official website documents pertaining to its mission, current activities, most recent annual financial reports, current year budget and its most recent independent audit report.
The mission of the Schenectady Metroplex Development Authority is to enhance the long-term economic vitality and quality of life in Schenectady County by cooperative, purposeful actions and investments within the Metroplex corridor with particular emphasis on downtown.
Metroplex has many tools to revitalize Schenectady. It can design, plan, finance, site, construct, administer, operate, manage and maintain facilities within its service district. Metroplex project aid comes in several forms - loans and grants that are the traditional tools of economic development agencies; also with technical assistance or by connecting people with resources and information. Metroplex's activities are supported by county sales tax receipts (about $7 million for 2005) and the issuance of bonds.
-- FGEIS DOCUMENTS --
FGEIS 04.28.10
Appendix A - Public Comments
Appendix B - Public Hearing
Appendix C - Draft LOR
Appendix E - Updated Economic Analysis
Findings Statement (Alco) Final
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Financial Report
December 31, 2009 and 2008
2008 Metroplex Real Property List
October 23, 2008 Governance Committee Meeting Notes
Financial Statements and Supplementary Information
December 31, 2008 and 2007
September 3, 2008 Fiscal Audit Committee Meeting Notes
July 22, 2008 Governance Committee Notes
June 26, 2008 Governance Committee Notes
April 24, 2008 Governance Committee Notes
April 2, 2008 Fiscal Audit Committee Meeting Materials and Notes
Metroplex Policies and Procedures
Financial Report December 31, 2007 and 2006
Financial Report December 31, 2006 and 2005
Financial Report December 31, 2005 and 2004
Financial Report December 31, 2004 and 2003
Financial Report December 31, 2003 and 2002