IDA News and Updates

News and Updates


The State of New York Office of the State Comptroller audited six IDAs across New York State of which the Agency was one to determine whether IDA Boards of Directors provide effective oversight of IDA projects. In the audit of the Agency, the OSC interviewed Board members and Agency officials and examined Agency records and project files for the period January 1, 2014 through May 31, 2015 and for selected files expanded the audit period back to April 26, 2001.

The OSC report of examination letter dated September 2017 containing findings specific to the Agency and the OSC audit of six IDAs entitled Industrial Development Agency Board Governance dated September 2017 are posted on the Agency website.