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SLEEPY HOLLOW, N.Y. The New York State Authorities Budget Office has censured the Sleepy Hollow Parking Authority after it failed to comply with public disclosure, reporting and corporate governance provisions of the Public Authorities Law.
The governmental body is responsible for parking within the village and accounts for approximately $200,000 of the village's budget.
In a letter dated March 5, Director David Kidera notes the parking authority's persistent failure to meet the reporting requirements of the law. According to the letter, the parking authority has not filed annual audit reports for the fiscal years ending May 31, 2010 and May 31, 2011.
As a public authority, the Sleepy Hollow Parking Authority is expected to be timely and transparent with its financial reporting and to be accountable to the public, the letter reads. This letter of censure is the result of your collective failure to take appropriate corrective action when the authority was previously warned that it was out of compliance with state law.
Kidera notes the authorities budget office may take further steps if the parking authority fails to comply with the law, including legal action or recommending the removal of the board of directors.
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