Ogdensburg Bridge and Port Authority warned of failure to file reports
OGDENSBURG – Ogdensburg Bridge and Port Authority has been officially warned of its negligence to file reports in the Public Authorities Reporting Information system as of Feb. 5, 2018.
The New York State Authorities Budget Office (ABO) released a report identifying state and local authorities that have failed to file one or more required financial reports on time, which included the OBPA.The OBPA is considered out of compliance with accountability, transparency and reporting requirements of state law.
The OBPA is one of 28 delinquent authorities that failed to file one or more required reports.
According to Public Authorities Law, public authorities are required to file an annual report and audit report within 90 days of the end of the fiscal year.
In accordance with this law, state authorities must submit a budget report 90 days prior to the start of the fiscal year; local authorities must file a budget report 60 days prior to the start of the fiscal year.
The Authorities Budget Office has the authority to "publically warn and censure authorities for non-compliance" with this requirement and to recommend the "suspension or dismissal of officers or directors, based on information that is, or is made, available to the public under law."