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PRESS & COMMUNICATIONS
518-402-6924

Press@efc.ny.gov

 

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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
General Documents

  Corporate Profile


The Corporation is empowered by State law:

  • 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.



  Executive Staff













SABRINA M. TY, President and CEO


Sabr
ina M. Ty is the President and CEO of the New York State Environmental Facilities Corporation, the arm of Governor Cuomo’s administration that provides low-cost financing to local governments for wastewater and drinking water infrastructure. President Ty administers the largest and most successful State Revolving loan fund in the nation, managing more than $12 billion in assets. Her appointment was approved by the Corporation’s Board of Directors on June 25 and became effective on July 1, 2015.


Prior to joining the Corporation, Ms. Ty served as Special Counsel to the Commissioner in the Office of General Services, where she oversaw several of the Governor’s Enterprise initiatives for achieving savings, supervised the implementation of the Service-Disabled Veteran-Owned Business Program and managed the agency’s MWBE program. She previously served as Governor Cuomo’s Deputy Secretary for Legislative Affairs where she played a key role in the development and production of the Executive Budget, was an integral member of the Executive team in State budget negotiations and worked on the passage of vital legislative initiatives. Ms. Ty has also held a number of positions in the New York State Assembly, culminating in Legislative Counsel to the Speaker.


A graduate of Albany Law School and McGill University, Ms. Ty began her career as an attorney at the law firm of Couch, White, Brenner, Howard & Feigenbaum.

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  Board of Directors

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.