Audit Committee
Matthew Mazzone
Dan Fariello
Melissa Yager

Audit Committee Responsibilities
The Audit Committee will consist of at least three members appointed by the Board. The Committee will provide oversight of the Agency’s financial reporting and audit process. It will make recommendations to aquire services of independent accounting expertise to perform audits. The Committee will cause to have provided to the Auditor all necessary and applicable information to assure a complete audit. The Committee can request and oversee special investigations involving financial misconduct. It will provide appropriate mechanisms to assure confidentiality of those reporting suspected fradulent activities. The Audit Committee will generally report to the Board but has the authority to interface with State authorities as necessary. The Audit Committee will meet at least twice a year and report to the Board.

Finance Committee
All CP IDA Board Members

Governance Committee
Rebecca D’Agati, Chair
Joshua O'Leary

Jonathan Schopf


Governanace Committee Responsibilities
The Governance Committee will consist of at least three members of the IDA and be appointed by the IDA Board. The Committee’s role is to provide guidance on best current corporate governance practices and policies. The Committee will advise the IDA Board, or those appointing IDA Board members, on desirable qualifications of IDA Board members. This shall include educational and professional experiences, along with necessary qualities and skills. The Committee will also review on a regular basis and update as necessary the Agency’s Code of Conduct, policy against ”whistleblower” retaliation, and all other written policies that govern the operation of the Agency. The Governance Committee will meet at least twice a year and report to the IDA Board.


The IDA was established under New York State law to promote, develop, and assist in acquiring, constructing, reconstructing, equipping, and furnishing of qualified projects and facilities, thereby increasing the job base of the town.

A project may qualify for tax-exempt financing, taxable bonds or a straight lease transaction. It also may qualify for sales tax exemption, mortgage recording tax exemption and/or real estate tax abatement.

A manufacturing concern may qualify for a tax exempt bond or a 501C-3 organization.

Yes. We are prohibited from participating in transactions which are primarily retail in nature.

Members are Town of Clifton Park residents who are appointed by the Town Board for two year terms.

IDA Board members are volunteers and do not get compensated.

Clients are charged 3/4 of one percent of project building costs.

Report Missing Pet

Facebook Icon Button

youtube icon button

Recent Town Documents

Upcoming Events

18 May 2018;
FOL Book Sale
21 May 2018;
07:00PM -
Town Board Meeting
23 May 2018;
07:00PM -
Planning Board Meeting

Contact Us - 518-371-6651

1 Town Hall Plaza
Clifton Park, NY 12065
Hours: Monday - Friday: 9:00am - 5:00pm