Department of Records Logo

NYC Government Publication

 

Audit Report on the New York City Economic Development Corporation’s Administration of the NYC Ferry Operation

Downloadable Content

Download PDF

This audit found that EDC did not disclose over $224 million in expenditures as ferry-related in its audited financial statements and that EDC understated the City’s subsidy for the ferry operations by $2.08, $2.10, $3.98 and $4.29 for Fiscal Years 2018, 2019, 2020, and 2021, respectively.

Agency
Subject
Report type
  • Audit Report
Date published
  • 2022-07-06
Language
Calendar year
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
Required Report Name
  • Not Required

Items