Summary Financial Information for State Authorities

data.ny.gov | Last Updated 10 Jun 2019

Public authorities are required by Section 2800 of Public Authorities Law to submit annual reports to the Authorities Budget Office that includes summary financial information. The dataset consists of information from the statement of net assets and the statement of revenues, expenses and change in net assets reported by State Authorities beginning with fiscal years ending in 2011.

Tags: public authority, state authority budget

This dataset has the following 66 columns:

Column NameAPI Column NameData TypeDescriptionSample Values
Authority Nameauthority_nametextName of the Public Authority
Fiscal Year End Datefiscal_year_end_datecalendar_dateDate of fiscal year end for the Authority
Cash/Cash Equivalentscash_and_cash_equivalentsnumberCash is defined as currency on hand and amounts that can be withdrawn from bank accounts. Cash equivalents are very shortterm investments with an original maturity of three months or less such as money market deposits or treasury bills.
InvestmentsinvestmentsnumberThese are securities or other assets that are purchased with the expectation of realizing income or profit.
Receivables, Netreceivables_netnumberThis represents interest receivable on investments, accrued subsidies and other income, and money owed to the authority by other parties for services that have been provided by the authority, and is expected to be received within the next year.
Other Assets (Current)other_assets_currentnumberAll other current assets that are not represented in the above categories should be reflected here, for example, inventory.
Total Current Assetstotal_current_assetsnumberSum of cash and cash equivalents, investments, net receivables, and other current assets.
Restricted Cash And Investmentsrestricted_cash_and_investmentsnumberThis consists of cash and certain investments for which the use is subject to external restrictions imposed by creditors (such as debt covenants), grantors, contributors, government laws or regulations.
Long-Term Receivables, Netlong_term_receivables_netnumberThis represents the portion of net receivables not expected to be collected within one year.
Other Assets (Noncurrent)other_assets_noncurrentnumberOther non-current assets that are not reflected in the categories provided other than Capital Assets.
Land And Other Non-Depreciable Propertyland_and_other_nondepreciable_propertynumberThis includes land and land preparation costs of the authority that cannot be depreciated. Land is recorded at acquisition cost, including ancillary charges or estimated fair market value plus ancillary charges at the date of acquisition if donated.
Buildings And Equipmentbuildings_and_equipmentnumberBuildings and Equipment are depreciable capital assets having useful lives that extend beyond the year in which they are purchased. Buildings consist of properties and premises for which the authority holds legal title. Equipment consists of machines or major tools necessary for the authority to perform its operations.
InfrastructureinfrastructurenumberInfrastructure assets are long-lived capital assets that normally remain stationary in nature and normally can be preserved for a significantly greater number of years than most capital assets. Examples of infrastructure assets include roads, bridges, tunnels, water and sewer systems, dams and lighting systems.
Accumulated Depreciationaccumulated_depreciationnumberDepreciation expense represents the allocation of the depreciable cost of a capital asset over its lifetime, charging a share of its cost into each year that the asset is used by the authority. Accumulated depreciation is therefore the total amount of depreciation related to a fixed asset that has been added up over the years the organization has owned the asset; it represents the total costs associated with the wear and tear or obsolescence of the fixed asset to date.
Net Capital Assetsnet_capital_assetsnumberSum of land and other non-depreciable property, buildings and equipment, and infrastructure minus accumulated depreciation.
Total Noncurrent Assetstotal_noncurrent_assetsnumberSum of restricted cash and investments, net long term receivables, other noncurrent assets, and net capital assets
Total Assetstotal_assetsnumberSum of total current assets and total noncurrent assets.
Accounts Payableaccounts_payablenumberThe amount owed to vendors for products and services purchased on credit. It is a current liability since the expectation is that the authority will fulfill this liability in less than a year.
Pension Contribution Payable (Current)pension_contribution_payable_currentnumberPensions are a qualified retirement plan provided by the authority to allow its employees to receive post-retirement benefits, consisting of some form of compensation to be received by the employee after he/she has retired. Pension Contribution Payable is the amount owed by the authority to a pension trust fund and payable within the next year.
Other Post-Employment Benefits (Current)other_post_employment_benefits_currentnumberOther post-employment benefits (OPEB) refers to benefits other than pension benefits. OPEB consists primarily of health care benefits, but may also include other benefits such as life insurance, or other types of compensation provided after an employee leaves the authority’s service. This category consists of that portion of required post-employment benefits to be paid by the authority that will be paid within the next year.
Accrued Liabilitiesaccrued_liabilitiesnumberAccrued liabilities consist of obligations for goods and services provided to the authority for which invoices have not yet been received and other accrued expenses. Examples include employee compensation earned but not yet paid or accrued rent payable. Accrued liabilities can be routine and recurring or infrequent or nonroutine.
Deferred Revenuesdeferred_revenuesnumberThis consists of income for which cash has been collected by the authority, but it is still to be ‘earned’ in the authority’s books of accounts. For example: Assuming that an authority’s fiscal year ends on June 30th; if a customer pays the authority an annual licensing fee on January 1st, one-half of the fee would be reflected as deferred revenue, since it applies to July 1 through December 31.
Bonds And Notes Payable (Current)bonds_and_notes_payable_currentnumberThese are short-term obligations that are payable in one year, or less. These generally include the portion of the authority’s longterm debt that is due for payment during the next year.
Other Long-Term Obligations Due Within One Yearother_long_term_obligations_due_within_one_yearnumberThis consists of liabilities that are not reflected in the categories provided, such as obligations for long term leases.
Total Current Liabilitiestotal_current_liabilitiesnumberSum of accounts payable, current pension contribution payable, current OPEB, accrued liabilities, deferred revenues, current bonds and notes payable, and other long-term obligation due within one year.
Pension Contribution Payable (Noncurrent)pension_contribution_payable_noncurrentnumberThis consists of the portion of the authority’s pension contribution payments that are not due to be paid within one year.
Other Post-Employment Benefits (Noncurrent)other_post_employment_benefits_noncurrentnumberThis consists of that portion of required post-employment benefits to be paid by the authority that is not due to be paid within one year.
BondsAnd Notes Payable (Noncurrent)bonds_and_notes_payable_noncurrentnumberThese consist of the authority’s long-term outstanding bank loans and other long-term borrowings from financial institutions or commercial paper that are not due to be paid within one year.
Long-Term Leaseslong_term_leasesnumberThese consist of the non-current portion of any long term leases entered by the authority.
Other Long-Term Obligationsother_long_term_obligationsnumberOther long term obligations are those liabilities that are not reflected in the above categories and are not due to be paid within one year.
Total Noncurrent Liabilitiestotal_noncurrent_liabilitiesnumberSum of noncurrent pension contribution payable, noncurrent OPEB, noncurrent bonds and notes payable, long term leases, and other long-term obligations.
Total Liabilitiestotal_liabilitiesnumberSum of total current liabilities and total noncurrent liabilities.
Invested In Capital Assets, Net Of Related Debtinvested_in_capital_assets_net_of_related_debtnumberThis is the authority’s Capital Assets net of any outstanding debt for which the proceeds were invested in the capital assets. This reflects the portion of net assets that are comprised of capital assets, such as land, infrastructure, or buildings.
Restricted Net Assetsrestricted_net_assetsnumberThis is the portion of the authority’s Net Assets for which the use is subject to external restrictions imposed by creditors (such as debt covenants), grantors, contributors, or government laws or regulations.
Unrestricted Net Assetsunrestricted_net_assetsnumberThis is the portion of the Authority’s Net Assets that is not restricted for use by legal or contractual requirements and may be used for any authority purpose, operational, or otherwise.
Total Net Assetstotal_net_assetsnumberSum of investment in capital assets net of related debt, restricted net assets and unrestricted net assets.
Charges For Servicescharges_for_servicesnumberThe primary revenue source generated from the services provided by the authority. This could include fees, toll collections, usage charges, etc.
Rental And Financing Incomerental_and_financing_incomenumberThis is revenue received by the authority from renting property/premises to which the authority holds the title, as well as interest received from loans and financing income.
Other Operating Revenuesother_operating_revenuesnumberAny other operating revenues recognized by the authority that are not reflected in the categories provided.
Total Operating Revenuetotal_operating_revenuenumberSum of charges for services, rental and financing income, and other operating revenue.
Salaries And Wagessalaries_and_wagesnumberSalaries and related payroll expenses paid to the employees of the authority.
Other Employee Benefitsother_employee_benefitsnumberCompensation due to an employee pursuant to a written contract or written policy for holiday, time off for sickness, injury, personal reasons or vacation, bonuses, authorized expenses incurred during the course of employment, and contributions made on behalf of an employee towards health insurance and premiums. This category includes fringe benefits and allowances that are payments made by the authority for housing, relocation or transportation of employees which may or may not be paid directly to the employee.
Professional Services Contractsprofessional_services_contractsnumberPayments for work performed by an independent contractor or consultant requiring specialized knowledge, experience, expertise or similar capabilities. Common examples of contractual services are auditing and accounting services, legal services, or advertising and marketing services.
Supplies And Materialssupplies_and_materialsnumberPayments for items that are used as part of the authority’s normal operations. This does not include (a) goods that have been acquired for use in constructing real property, (b) stockpile materials, and (c) inventory.
Depreciation And Amortizationdepreciation_and_amortizationnumberDepreciation and amortization represent the allocation of the cost of a long-term asset to an expense over the useful life of the asset. Depreciation expense is for tangible assets while amortization expense is for intangible assets.
Other Operating Expensesother_operating_expensesnumberThese can include other costs incurred by the authority while carrying out its mission such as fixed charges. Fixed charges are periodic in nature and do not vary with the authority’s business volume. Items such as gas and electric, administrative costs, costs for rent or mortgage payments can be included here.
Total Operating Expensestotal_operating_expensesnumberSum of salaries and wages, other employee benefits, professional service contracts, supplies and materials, depreciation and amortization, and other operating expenses.
Operating Income (Loss)operating_income_lossnumberTotal operating revenue minus total operating expenses.
Investment Earningsinvestment_earningsnumberAll income earned by the authority through investment activities. This includes interest earned from investments and bank accounts, among other sources.
State Subsidies / Grantsstate_subsidies_grantsnumberThese include State contributions received in the form of funds provided to the authority by a State grant or subsidy.
Federal Subsidies / Grantsfederal_subsidies_grantsnumberFunds provided to the authority by a Federal grant or subsidy.
Municipal Subsidies / Grantsmunicipal_subsidies_grantsnumberFunds provided to the authority by a Municipal grant or subsidy.
Public Authority Subsidiespublic_authority_subsidiesnumberRevenue received from another public authority in the form of a subsidy or grant.
Other Non-Operating Revenuesother_nonoperating_revenuesnumberAny other non-operating revenues recognized by the authority that are not reflected in the categories provided.
Total Non-Operating Revenuetotal_nonoperating_revenuenumberSum of investment earnings, state subsidies/grants, federal subsidies/grants, municipal subsidies/grant, public authority subsidies, and other non-operating revenues.
Interest And Other Financing Chargesinterest_and_other_financing_chargesnumberInterest payments on loans and other obligations of the authority. This category includes expenses for issuing debt, such as fees for underwriters and bond counsel.
Subsidies To Other Public Authoritiessubsidies_to_other_public_authoritiesnumberContributions made to other public authorities in the form of a grant or transfer of funds.
Grants And Donationsgrants_and_donationsnumberThese consist of assistance awards paid by the authority to another entity such as a municipality for a specific program purpose.
Other Non-Operating Expensesother_nonoperating_expensesnumberOther miscellaneous non-operating expenditures incurred by the authority that are not reflected in the categories provided are to be included here.
Total Non-Operating Expensestotal_nonoperating_expensesnumberSum of interest and other financing charges, subsidies to other public authorities, grants and donations, and other non-operating expenses.
Income (Loss) Before Contributionsincome_loss_before_contributionsnumberOperating Income (loss) plus total nonoperating revenue minus total nonoperating expenses.
Capital Contributionscapital_contributionsnumberGrants or outside contributions of resources restricted to capital acquisition or construction.
Change In Net Assetschange_in_net_assetsnumberIncome (Loss) Before Contributions plus Capital Contributions.
Net Assets (Deficit) Beginning Of Yearnet_assets_deficit_beginning_of_yearnumberNet assets at the beginning of the year (this amount is carried forward from the prior reporting period).
Other Net Assets Changesother_net_assets_changesnumberChanges in net assets that are not reflected in the categories provided.
Net Assets (Deficit) At End Of Yearnet_assets_deficit_at_end_of_yearnumberNet assets (deficit) beginning of year plus the change in net assets and other net assets changes.