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.

2011 Committee Assignments

Metroplex Policies and Procedures

Metroplex Organization Chart

Metroplex By Laws

-- Approved Budgets --

-- Financial Reports --