Rockland IDA Report.pdf

The Rockland County Industrial Development Agency's annual report for the fiscal year ending 12/31/2022 is certified as of 03/29/2023. The agency has prepared its annual report, assessed internal controls, and changed its lead audit partner in the last five years. The agency's board has established governance, audit, and finance committees, and the majority of the board meets independence requirements. The board has adopted bylaws, a code of ethics, and policies for salary and compensation, time and attendance, whistleblower protection, and defense and indemnification of board members. The agency's board members, officers, and staff are required to submit financial disclosure forms. A performance evaluation of the board was completed, and compensation was not paid in accordance with employee or union contracts. The board has adopted a Uniform Tax Exemption Policy. The report lists the board of directors, including Eric Dranoff, Howard Hellman, Amar Raj, Timothy Riley, and Peggy Zugibe, with their terms, training compliance, and fiduciary duty acknowledgments.