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JON SORENSEN
Director of Public Information
518-402-6924
Press@efc.ny.gov

 

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“The funding model and investment strategy innovations pioneered by [New York State] provide a roadmap for the country as it faces a critical and growing safe drinking water and wastewater infrastructure funding gap."
 
CENTER FOR AMERICAN PROGRESS

Helpful Links

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Corporate Profile

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The Corporation is empowered by State law:
  • to administer and finance the Clean Water State Revolving Fund and Drinking Water State Revolving Fund, established by the State as set forth in the EFC Act pursuant to the federal Water Quality Act of 1987 and the federal Safe Drinking Water Act Amendments of 1996;
  • to finance certain State Contributions to the SRFs and for certain environmental infrastructure projects;
  • to finance, through the issuance of special obligation revenue bonds under its Industrial Finance Program, water management, solid waste disposal, sewage treatment and pollution control projects undertaken by or on behalf of private entities; and
  • to provide technical advice and assistance to private entities, state agencies and local government units on sewage treatment and collection, pollution control, recycling, hazardous waste abatement, solid waste disposal, and other related subjects.

Board of Directors

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The Corporation is governed by a Board of Directors. Three of the directors are designated in the Act as ex-officio members: the Commissioner of Environmental Conservation, whom the Act also designates as the Chairman of the Corporation, the Commissioner of Health, and the Secretary of State. The four remaining directors are appointed by the Governor, by and with the advice and consent of the State Senate. The appointed directors serve staggered six-year terms. Pursuant to State law, after the expiration of a director’s term, he or she shall hold over and continue to discharge the duties of a director of the Corporation Board until a successor has been chosen and qualified.


Executive Staff

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There are seven Executive Staff who oversee the day-to-day operations of the Corporation. To view EFC’s Organizational Structure, click here.


MATTHEW J. DRISCOLL, President and CEO
Matthew J. Driscoll was nominated for the position of President and CEO of the New York State Environmental Facilities Corporation (EFC) and approved unanimously by the EFC Board of Directors in December 2009. President Driscoll administers one of the most successful State Revolving Fund programs in the nation, managing $13 billion in assets. Under Mr. Driscoll's leadership, the Corporation extended EFC's award-winning Green Innovation Grant Program, keeping New York at the forefront of "green" urban and infrastructure planning.

From 2001 through 2009, Mr. Driscoll served as the 52nd Mayor of the City of Syracuse.  Elected to two terms, Mr. Driscoll’s tenure in office was distinguished by his environmental and sustainability initiatives.  As Mayor, Mr. Driscoll’s action plan for energy conservation, sustainability initiatives and environmental protection efforts earned Syracuse the title of “The Emerald City” and recognition by Popular Science Magazine as the Nation's 17th greenest city.

On February 18, 2010, Mr. Driscoll was appointed as board member of the Great Lakes Protection Fund.  Mr. Driscoll’s nomination was confirmed on April 13, 2010. He subsequently served as Chair of the Projects and Grantmaking Committee. Mr. Driscoll was installed as Chair of the Great Lakes Protection Fund Board of Directors on September 21, 2012.

On November 14, 2010, Mr. Driscoll was elected to a two year term on the Council of Infrastructure Financing Authorities’ Board of Directors.  The Board serves as the primary decision-making body of the Washington DC based organization.

On August 30, 2011, Governor Andrew M. Cuomo established the Upstate Storm and Flooding Recovery Task Force, appointing Mr. Driscoll as Co-chair to coordinate disaster response and recovery efforts in the aftermath of Hurricane Irene. Mr. Driscoll serves as a member of Governor Cuomo's Cabinet.

Authorities Budget Office Documents

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The Public Authorities Reform Act (PARA) of 2009 (Public Authorities Law Article 1 Title 2 Section 4) establishes the independent Authorities Budget Office (ABO) and provides the ABO with broad powers and responsibilities, among them:
  • the review of authority operations, practices and reports and the assessment of compliance with applicable laws;
  • assisting authorities in improving management practices;
  • making recommendations to the Legislature and other bodies of opportunities to improve performance and oversight of authorities;
  • reviewing of all Board activities, etc.
Please click on the links below to access documents required by the Authorities Budget Office.

Annual Reports
Audit Reports
 Budget Financial Plans
Other Documents

 

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