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