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.

Background Information

Articles of Incorporation
HDCBylaws (v.2021.2)
Organizational Chart
Performance Measures
Hudson Development Corporation’s Projects and Accomplishments
HDC 2020 Activities and Accomplishments
HDC Project List 2018

HDC Policies

Procurement Policies
Property Disposition Policy
Whistleblower Policy
MWBE Policy

Standard Operation

Conflict of Interest
Code of Ethics
HDC Board Application 2021


2020 Final Financial Statements
2020 Issued Required Comm. Letter
HDC Management Letter 2020

HDC 2019 Issued Financial Statements S – Signed
Final Issued Required Comm Letter
HDC AUDIT220 Management Letter
HDC 2019 Annual Operations and Accomplishments
HDC MissionStatement and Measurement Form

HDC 2018 Audited Financial Statements
HDC 2018 Auditor’s Letter
HDC Audited 2017 Financial Statements
HDC Audited 2015 and 2016 Financial Statements
HDC Audited Financial Statements: December 2014

HDC Audited Financial Statements: December 2013

HDC Audited Financial Statements: September 2012
HDCAudited Financial Statements: September 2011

*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.