Audited Financial Statements
Annual Financing Plan
Hudson River Park’s Annual Financing Plan is prepared annually by February 1, before adoption of New York State or New York City Budgets for the coming fiscal year. The New York State budget year begins annually on April 1, while the New York City budget year begins annually on July 1. As a result, the Trust’s annual Financing Plan is a projection based on information available as of February 1.
Approved Budget
Hudson River Park’s Fiscal Year is from April 1 through March 31.
Budget vs. Actual
Annual Proposed Budget
Fiscal Year 2024 Proposed Budget
The annual proposed budget is made available for public inspection 30 days before the approval by the Board, and not less than 60 days before the commencement of the next fiscal year. It is replaced with the approved budget and is made available for public inspection, not less than 7 days before the commencement of the next fiscal year. The link to the approved budget, once adopted, is above.
Quarterly Financial Statements
The Hudson River Park Trust makes its quarterly financial statements available to the public. Please note that in each fiscal year, the fourth quarter statements are incorporated within the audited financial statements listed above.