The New York State Authorities Budget Office (ABO) is an independent office in the state of
New York
New York most commonly refers to:
* New York City, the most populous city in the United States, located in the state of New York
* New York (state), a state in the northeastern United States
New York may also refer to:
Film and television
* '' ...
established by the Public Authorities Accountability Act of 2005 and signed into law by Governor Pataki in 2006. In 2009, the ABO was restructured as part of the Public Authorities Reform Act.
The ABO's mission is to make
New York State public-benefit corporations
New York state public-benefit corporations and authorities operate like quasi-private corporations, with boards of directors appointed by elected officials, overseeing both publicly operated and privately operated systems. Public-benefit nonprofi ...
more accountable and transparent. The ABO receives assistance from the
New York State Department of State
The New York State Department of State (NYSDOS) is the department of the New York state government under the leadership of the Secretary of State of New York. Executive Law ยง 90. "There shall be in the state government a department of state. The ...
. Its powers and duties include:
* Collecting, analyzing and disseminating organizational, operational, performance and financial information on public authorities for the purpose of making this information available to the public.
* Making recommendations to the Governor and the Legislature on debt, compensation, procurement practices, property transactions, structure and mission, and other issues related to improving the performance and transparency of public authorities.
Annual report
It publishes an annual report, available on its website, detailing the financial and operational situation of each state authority, IDA, and local authority in the State of New York.
See also
*
New York State Comptroller
The New York State Comptroller is an elected constitutional officer of the U.S. state of New York (state), New York and head of the government of New York (state), New York state government's Department of Audit and Control. The New York State C ...
*
New York State Financial Control Board The New York State Financial Control Board was created in 1975 following a financial crisis and state bailout to oversee municipal spending. The board included both government officials and citizen representatives.
The board was created pursuant t ...
*
New York State Public Authorities Control Board
References
External links
*
State agencies of New York (state)
Politics of New York (state)
Public benefit corporations
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