Institutional Federal Compliance Report 2021

120 • Notes to Basic Financial Statements _________________________________________________________________________

Entities Audited by Other Auditors (cont’d):

Thirty-six of the 42 entities listed below are dis- cretely presented component units of the State because the Governor, with the approval of the State Senate, appoints the voting majority of the boards of directors of these corporations, and the State is able to impose its will on the corporations and/or has a financial benefit or burden relationship with the corporations. The Governor does not have substantive appointment authority over the board of directors of the Rochester- Genesee Regional Transportation Authority. However, it is a discretely presented component unit because it is fiscally dependent upon, and has a financial benefit or burden relationship with the State. Health Research, Inc., Metropolitan Transportation Authority, Research Foundation for Mental Hygiene, Inc., State University of New York Foundations and Auxiliary Corporations, and City University of New York–Senior College Sup- porting Organizations are included as component units of the State because the nature and significance of their relationships with the State are such that it would be misleading to exclude them. The amounts presented in the accompanying basic financial statements for the Corporations include the following entities for the fiscal years indicated: Long Island Power Authority . . . . . . . . . . . . December 31, 2017* New York Power Authority . . . . . . . . . . . . . December 31, 2017* New York Racing Association, Inc. . . . . . . . December 31, 2017* New York State Energy Research and Development Authority . . . . . . . . . . March 31, 2018* New York State Environmental Facilities Corporation . . . . . . . . . . . . . . . March 31, 2018* New York State Higher Education Services Corporation . . . . . . . . . . . . . . . March 31, 2018* State University of New York Foundations and Auxiliary Corporations . . . . . . . . . . . . . . . . . . . . . . June 30, 2017** Entities Audited by Other Auditors: Aggregate Trust Fund . . . . . . . . . . . . . . . . . December 31, 2017 Fund Corporation . . . . . . . . . . . . . . . . . . December 31, 2017* Albany Convention Center Authority . . . . . December 31, 2017* Capital District Transportation Authority . . . March 31, 2018* Central New York Regional Transportation Authority . . . . . . . . . . . . . March 31, 2018* Health Research, Inc. . . . . . . . . . . . . . . . . . March 31, 2018 Homeless Housing and Assistance Corporation . . . . . . . . . . . . . . . . . . . . . . March 31, 2018* Housing Trust Fund Corporation . . . . . . . . March 31, 2018* Hudson River-Black River Regulating District . . . . . . . . . . . . . . . . . June 30, 2017* Hugh L. Carey Battery Park City Authority . . . . . . . . . . . . . . . . . . . . . October 31, 2017* Entities Audited by KPMG LLP: Fiscal Year-End City University of New York— Senior College Supporting Organizations . . . . . . . . . . . . . . . . . . . . . June 30, 2017*** Dormitory Authority of the State of New York . . . . . . . . . . . . . . . . . . March 31, 2018* Agriculture and New York State Horse Breeding Development

Fiscal Year-End

Metropolitan Transportation Authority (MTA) . . . . . . . . . . . . . . . . . . . December 31, 2017* Metro-North Commuter Railroad Company . . . . . . . . . . . . . . . December 31, 2017 The Long Island Rail Road Company . . . . . . . . . . . . . . . . . December 31, 2017 Triborough Bridge and Tunnel Authority . . . . . . . . . . . . . . . . . December 31, 2017 New York City Transit Authority . . . . . . . December 31, 2017 Staten Island Rapid Transit Operating Authority . . . . . . . . . . . . . . December 31, 2017 MTA Capital Construction Company . . . December 31, 2017 MTA Bus Company . . . . . . . . . . . . . . . . . December 31, 2017 First Mutual Transportation Assurance Company . . . . . . . . . . . . . December 31, 2017 Municipal Bond Bank Agency . . . . . . . . . . . October 31, 2017* Natural Heritage Trust . . . . . . . . . . . . . . . . March 31, 2018* Governor Nelson A. Rockefeller Empire State Plaza Performing Arts Center Corporation . . . . . . . . . . . . . March 31, 2018* New York Convention Center Operating Corporation . . . . . . . . . . . . . . March 31, 2018 New York State Affordable Housing Corporation . . . . . . . . . . . . . . . March 31, 2018* New York State Bridge Authority . . . . . . . . December 31, 2017* New York State Health Foundation . . . . . . December 31, 2017 New York State Housing Finance Agency . . . . . . . . . . . . . . . . . . . October 31, 2017* New York State Job Development Authority . . . . . . . . . . . . . . . . . . . . . . . . . March 31, 2018* New York State Olympic Regional Development Authority . . . . . . . . . . . . . . March 31, 2018* New York State Thoroughbred Breeding and Development Fund Corporation . . . . . . . . . . . . . . . . . . December 31, 2017* New York State Thruway Authority . . . . . . . December 31, 2017* Niagara Frontier Transportation Authority . . . . . . . . . . . . . . . . . . . . . . . . . March 31, 2018* Ogdensburg Bridge and Port Authority . . . . March 31, 2018* Port of Oswego Authority . . . . . . . . . . . . . . March 31, 2018* Research Foundation for Mental Hygiene, Inc. . . . . . . . . . . . . . . . . . . . . . March 31, 2018* Rochester-Genesee Regional Transportation Authority . . . . . . . . . . . . . March 31, 2018* Roosevelt Island Operating Corporation . . . . . . . . . . . . . . . . . . . . . . March 31, 2018* Roswell Park Cancer Institute . . . . . . . . . . March 31, 2018* State Insurance Fund . . . . . . . . . . . . . . . . . December 31, 2017 State of New York Mortgage Agency . . . . . October 31, 2017* Urban Development Corporation . . . . . . . . March 31, 2018* ***Audit conducted in accordance with Government Auditing Standards as promulgated by the Comptroller General of the United States. ***KPMG LLP audited 37 percent of the total assets and 24 percent of the total revenues of the State University of New York Foundations and Auxiliary Corporations. The remaining balances were audited by other auditors. ***KPMG LLP audited 6 percent of the total assets and 32 percent of the total revenues of the City University of New York—Senior College Supporting Organizations. The remaining balances were audited by other auditors.