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October 2023 – Audit — 10-12-23-OCIDA-Audit-Mtg-Minutes-Final.pdf

2024-05-06 · PDF · 784 words · collected 2026-08-07 Official copy↗ Archived PDF Plain text Mentions

Typeset from the PDF of the official document (read by OCR) — headings, motions and recorded votes are detected automatically, so spacing may differ from the original. The official copy governs.

Contents · 4 sections
  1. PRELIMINARY AUDIT REVIEW
  2. SELF-EVALUATION OF THE COMMITTEE
  3. REVIEW OF COMMITTEE CHARTER
  4. DRAFT ANNUAL REPORT (2023 FISCAL YEAR)

Onondaga County Industrial Development Agency Audit Committee Meeting Minutes October 12, 2023 An Audit Committee meeting of the Onondaga County Industrial Development Agency was held on Thursday, October 12, 2023, at the 335 Montgomery Street, Floor 2M, Syracuse, New York. Chairperson Janice Herzog called the meeting to order at 8:35 am with the following:

PRESENT:

Janice Herzog Cydney Johnson Patrick Hogan

ALSO PRESENT:

Robert M. Petrovich, Executive Director Nate Stevens, Treasurer Nancy Lowery, Secretary Karen Doster, Recording Secretary Alexis Rodriguez, Assistant Treasurer Jeff Davis, Barclay Damon Law Firm Amanda Fitzgerald, Barclay Damon Law Firm Len Rauch, Office of Economic Development Mike Lisson, Grossman St. Amour PLLC Brianah Lane, Grossman St. Amour PLLC APPROVAL OF AUDIT MEETING MINUTES — MARCH 23, 2023 Upon a motion by Cydney Johnson, seconded by Patrick Hogan, the OCIDA Audit Committee approved the minutes of the March 23, 2023 meeting. Motion was carried. Onondaga County Industrial Development Agency Audit Committee Meeting Minutes October 12, 2023 An Audit Committee meeting of the Onondaga County Industrial Development Agency was held on Thursday, October 12, 2023, at the 335 Montgomery Street, Floor 2M, Syracuse, New York. Chairperson Janice Herzog called the meeting to order at 8:35 am with the following:

PRESENT:

Janice Herzog Cydney Johnson Patrick Hogan

ALSO PRESENT:

Robert M. Petrovich, Executive Director Nate Stevens, Treasurer Nancy Lowery, Secretary Karen Doster, Recording Secretary Alexis Rodriguez, Assistant Treasurer Jeff Davis, Barclay Damon Law Firm Amanda Fitzgerald, Barclay Damon Law Firm Len Rauch, Office of Economic Development Mike Lisson, Grossman St. Amour PLLC Brianah Lane, Grossman St. Amour PLLC APPROVAL OF AUDIT MEETING MINUTES — MARCH 23, 2023 Upon a motion by Cydney Johnson, seconded by Patrick Hogan, the OCIDA Audit Committee approved the minutes of the March 23, 2023 meeting. Motion was carried.

PRELIMINARY AUDIT REVIEW

Mike Lisson stated there are not a lot of major changes in the accounting and audit standards applied to conducting the audit. He stated he does not expect major process changes. He stated they work with the staff over the course of the year so they are aware of things. He stated they will be done and ready to issue by mid-March timeframe.

PRELIMINARY AUDIT REVIEW

Mike Lisson stated there are not a lot of major changes in the accounting and audit standards applied to conducting the audit. He stated he does not expect major process changes. He stated they work with the staff over the course of the year so they are aware of things. He stated they will be done and ready to issue by mid-March timeframe.

SELF-EVALUATION OF THE COMMITTEE

Upon a motion by Patrick Hogan, seconded by Cydney Johnson, the OCIDA Audit Committee approved a resolution to transmit the summary self-evaluation without comment to the Governance Committee for review and recommendation to the Board. Motion was carried.

SELF-EVALUATION OF THE COMMITTEE

Upon a motion by Patrick Hogan, seconded by Cydney Johnson, the OCIDA Audit Committee approved a resolution to transmit the summary self-evaluation without comment to the Governance Committee for review and recommendation to the Board. Motion was carried.

REVIEW OF COMMITTEE CHARTER

Nancy Lowery stated there are no changes to the Committee Charter. Upon a motion by Patrick Hogan, seconded by Cydney Johnson, the OCIDA Audit Committee approved a resolution to transmit the Committee Charter without comment to the Governance Committee for review and recommendation to the Board. Motion was carried.

REVIEW OF COMMITTEE CHARTER

Nancy Lowery stated there are no changes to the Committee Charter. Upon a motion by Patrick Hogan, seconded by Cydney Johnson, the OCIDA Audit Committee approved a resolution to transmit the Committee Charter without comment to the Governance Committee for review and recommendation to the Board. Motion was carried.

DRAFT ANNUAL REPORT (2023 FISCAL YEAR)

Nancy Lowery gave a short review of the Annual Report.

Upon a motion by Cydney Johnson, seconded by Patrick Hogan, the OCIDA Audit Committee approved a resolution to transmit the 2023 Committee Annual Report to the Governance Committee for review and recommendation to the Board. Motion was carried.

DRAFT ANNUAL REPORT (2023 FISCAL YEAR)

Nancy Lowery gave a short review of the Annual Report.

Upon a motion by Cydney Johnson, seconded by Patrick Hogan, the OCIDA Audit Committee approved a resolution to transmit the 2023 Committee Annual Report to the Governance Committee for review and recommendation to the Board. Motion was carried.

ADJOURN

Upon a motion by Patrick Hogan, seconded by Cydney Johnson, the OCIDA Audit Committee adjourned the meeting at 8:04 am. Motion was carried.

(oe Robert M. Petrovich, Executive Director

ADJOURN

Upon a motion by Patrick Hogan, seconded by Cydney Johnson, the OCIDA Audit Committee adjourned the meeting at 8:04 am. Motion was carried.

(oe Robert M. Petrovich, Executive Director

Same source October 2023 – Audit · 2024-05-06