Tag Archives: battery park city authority board

Battery Park City Authority’s Audit Process Under Scrutiny

DNA Info reports that the Battery Park City Authority is reviewing its internal audit process thanks to a report that indicated over $300,000 in funds had been misappropriated on extravagances such as parties, lunches and chauffeurs. The BPCA earns profits in the tens of millions of dollars per year while managing debt that numbers around $1 billion.

Internal auditors Roy Villafane, who has since retired, and the still-employed Lisa Miller were criticized in a state Inspector General report for their sloppy bookkeeping; for example, they did not document a car and driver service utilized by former BPCA chairman James Gill.

An Audit Committee meeting was held on Wednesday, which was the first since the report was released, to discuss the matter. Miller is temporarily filling the auditor role but other board members agreed a dedicated auditor is necessary to ensure a smoother work flow and management of funds. A new policy is being formulated, with the possibility of an external company being brought on to conduct the audits.

The next Audit Committee meeting is slated for January.

What should the BPCA do to rectify the problem with their audit function?

Fed up with ineptitude, D.Patz will let heads roll this summer.

David Paterson Appoints Anthony Notaro to BPC Authority

Governor give community leader the nod.
Governor gives community leader the nod.

The Battery Park City Authority board is getting some fresh blood. Gov. David Paterson has appointed community leader Anthony Notaro to the seven-member board that manages BPC’s 92 acres and its $29 million annual budget.

Because Notaro is a longtime resident with deep ties to Battery Park City — he helped found the Certified Emergency Response Team, is president of the First Precinct Community Council AND is a Community Board 1 member — his presence on the board will give BPC residents a stronger say in decisions that affect their neighborhood.

In a statement to the press, State Sen. Daniel Squadron, who championed Notaro for the role, said: “The Battery Park City community has advocated for years to add more residents to the BPCA board. Anthony will bring an important perspective to help the board better understand the particular needs and concerns of Battery Park City residents.”

Now let’s just hope Mayor Bloomberg doesn’t dissolve the Authority altogether, and everything will be just peachy.