City of Schenectady Industrial Development Agency

The City IDA’s mission is to provide resources that promote private-sector investment, innovation, and growth and attract, retain and nurture high-quality jobs in the City of Schenectady with a focus on sustainable commercial, industrial, research and recreational facilities and projects. To secure increased private investment and job development, the Agency will provide technical assistance and financial assistance to eligible projects consistent with Article 18-A of the General Municipal Law of the State of New York.

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2021 Mission Statement with 2021 Goals and 2020 Results

Enabling Statute


Code of Ethics


Organization Chart

Board Members


Performance Goals (March 2020)

Performance Results (March 2019)


Schedule of Debt (12/31/20)

Schedule of Debt (12/31/19)

Conduit Debt


Board Meeting Schedule

Next City IDA Meeting: 3-23-22


Board Meeting Agendas (2021)

Board Meeting Agendas (2020)


Board Meeting Minutes (2021)

Board Meeting Minutes (2020)


Budget Report for Fiscal Year Ending 12/31/22

Budget Report for Fiscal Year Ending 12/31/21


2020 Independent Certified Financial Audit

2019 Independent Certified Financial Audit


2020 Independent Auditor’s Report on Internal Control

2019 Independent Auditor’s Report on Internal Control


2020 Independent Audit Management Letter

2019 Independent Audit Management Letter


Uniform Tax Exemption Policy


Real Property Disposition Policy

2020 Real Property Report

2019 Real Property Report


Procurement Policy

2020 Procurement Report

2019 Procurement Report


Investment Policy

2020 Investment Report

2019 Investment Report


Whistleblower Policy