Compliance and Reporting
The City of Albany Capital Resource Corporation is responsible for maintaining appropriate internal controls to ensure continued compliance with project documents as required under State law as well as its articles of incorporation and organizational by-laws. Compliance is achieved through the proper management, reporting, and oversight of post close projects. This includes, among other tasks, the collection of annual employment and benefits information from each project beneficiary for disclosure in annual public reports. These reports are ultimately subject to review by the City Common Council and the State Authorities Budget Office.