Operations

The Authorities Budget Office (ABO) is committed to the principles of public disclosure and the transparent reporting of financial and management information. Public Authorities Law, as amended in 2005 by the Public Authorities Accountability Act, requires state and local authorities to report and disclose policies. The following reports are made available by the Hudson Development Corporation in compliance with the ABO mandates.

Organizational Chart

Articles of Incorporation

Bylaws December 2015

Code of Ethics

Hudson Development Corporation’s Projects and Accomplishments

Performance Measures

Procurement Policies

Property Disposition Policy

HDC Board Application

CERTIFIED FINANCIAL AUDIT REPORTS:

HDC Audited Financial Statements: September 2011

HDC Audited Financial Statements: September 2012

HDC Audited Financial Statements: September 2013

Notice: The HDC Board of Directors voted to adjust its October-September fiscal year to align with the calendar year fiscal year of the City of Hudson. 

HDC Audited Financial Statements: December 2013

HDC Audited Financial Statements: December 2014

HDC Audited 2015 and 2016 Financial Statements 

 HDC Audited 2017 Financial Statements and Suppl. Info. Suppl. Info.

2017 HDC Audit Letter

HDC 2017 Audit Mgmt Letter

To satisfy the requirement of Sections 2800 (1) (a) (9) and 2800 (2)(a)(9) of Public Authorities Law,  this statement certifies that the Hudson Development Corporation has followed a process that assessed and documented the adequacy of its internal control structure and policies for the year ending December 31, 2014. To the extent that deficiencies were identified, the authority has developed corrective action plans to reduce any corresponding risk.