A scathing report from the state's
watchdog Authorities Budget Office details how the EFC skirted its responsibilities in considering a $ 511 million loan to the Thruway Authority to help finance the $ 3.9 billion New NY Bridge, as the new span is called.
Not exact matches
Cuomo's proposed $ 168 billion executive
budget released Tuesday would impose significant liabilities on de Blasio and the city he governs by requiring it to assume more financial responsibility for the Metropolitan Transportation
Authority, according to
budget watchdogs.
The state
Authorities Budget Office, a relatively young watchdog charged with overseeing such entities, applauded the bill signing as «a significant step forward in reforming the vast and archaic web of public authorities in New Y
Authorities Budget Office, a relatively young
watchdog charged with overseeing such entities, applauded the bill signing as «a significant step forward in reforming the vast and archaic web of public
authorities in New Y
authorities in New York.»
The state's pre-eminent
budget watchdog group thinks the Metropolitan Transportation
Authority might actually be understating the problem.
But the report by the State
Authorities Budget Office, a watchdog over public authorities and public benefit corporations created in 2009, found that the board of the Environmental Facilities Corporation did not exercise sufficient scrutiny o
Authorities Budget Office, a
watchdog over public
authorities and public benefit corporations created in 2009, found that the board of the Environmental Facilities Corporation did not exercise sufficient scrutiny o
authorities and public benefit corporations created in 2009, found that the board of the Environmental Facilities Corporation did not exercise sufficient scrutiny of the loan.
The
watchdog identified nearly $ 13 billion in the
budget in nonspecific funding: around $ 3 billion «subject to decisions of one or more particular elected officials,» and nearly $ 10 billion «in approximately 40 different economic development and infrastructure pots listing no official with spending
authority.»