NYPA’s financial success is predicated on the health of its generating and transmission facilities. By keeping our assets in top condition, NYPA can support New York's energy and economic development initiatives. In addition to the revenue from the sales of our power and services, NYPA's balance sheet includes bonds issued to finance long-term investment.
Budget and Financial Plan—NYCRR Title 2, Section 203
Regulations implemented by the Office of the State Comptroller (N.Y. Comp. Codes R. & Regs. Tit. 2, Section 203 et seq.) require that the annual budgets and four-year financial plans of 55 public authorities in New York State be made available for public inspection at a minimum of five convenient public places throughout the state and on each authority’s website.
NYPA’s Trustees approved the 2017 Operating Budget and 2017-2020 Four-Year Financial Plan at their meeting on December 15, 2016. The 2017 Operating Budget is the first year of the Four-Year Financial Plan.
The Annual Budget and Financial Plan will also be available for review seven days before the commencement of the next fiscal year at seven libraries in New York State: Niagara Falls Public Library, Albany Public Library, White Plains Public Library, Sachem Public Library, Buffalo & Erie County Public Library, Massena Public Library and Astoria Public Library.
2016: No letter issued
2015: No letter issued