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State Fund/Campus Hospitals 13 2.5 million 24.3 years $450 million Hospital Revenues Fund/Campus Residence halls 467 19.3 million 34.0 years $573 million Room Rents DASNY/Campus Community colleges 490 17.9 million 41.6 years $436 million 50% State, 50% Local Local Totals 2,798 97.3 million 42.1 years $5,885 million
A Municipal Assistance Corporation (MAC) was an independent New York State public-benefit corporation created by the State of New York for purposes of providing financing assistance and fiscal oversight of a fiscally-distressed city. Two MACs are explicitly designated under New York law.
New York state public-benefit corporations are commonly used by the state government to perform a specific purpose, such as investment in infrastructure or regulation of horse racing. These corporations are frequently referred to as authorities .
In 1976, a Veterinary Diagnostic Lab was added to provide support for veterinarians throughout New York State. It was designed by Levatich, Miller & Hoffman. [66] In 1993, a Primary Vet Teaching wing was added. [67] In 1997, a 321,395 sq ft (29,858.6 m 2) Vet Hospital was added along the south side of the complex. [68]
HFA and its subsidiaries are now administered by New York State Homes and Community Renewal, [4] created in September 2010 to include the New York State Division of Housing and Community Renewal. In 2017, the HFA had operating expenses of $368.76 million, an outstanding debt of $16.780 billion, and a staffing level of 263 people. [5]
The New York State Authorities Budget Office (ABO) is an independent office in the state of New York established by the Public Authorities Accountability Act of 2005 and signed into law by Governor Pataki in 2006. [1] In 2009, the ABO was restructured as part of the Public Authorities Reform Act. [2]
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