Mission Statement

Oneida Tobacco Asset Securitization Corporation ("OTASC") is a local development corporation created pursuant to the not-for-profit corporation law of the State of New York.  OTASC was created as a financing entity whose purpose is to issue and sell bonds and notes to fund or refund a portion of the capital program and working capital needs of the County of Oneida, New York (the "County").  OTASC issued debt secured by tobacco settlement revenues ("TSRs"), which are paid by cigarette companies as part of their settlement with 46 states, including the State of New York, and other U.S. Territories.  The County sold its right to receive TSRs to OTASC.

Annual Report

• Report on Operations and Accomplishments
• Authority Mission Statement
• Performance Measures Report
• Schedule of Debt
• List of Authority Board Members and Executive Management Team
• Personal and Real Property Transactions
• Management's Assessment of the Authority's Internal Control Structure and Procedures
• Enabling Statute
• List of Committees, Committee Members, and Committee Meetings
• Board Meetings
• Subsidiaries, Affiliates, and Major Authority Units
• Authority Organization Chart
• Authority By-laws
• Authority Code of Ethics

Budget Report

• Annual Budget Report

Independent Audits and Audit Reports

• Certified Financial Audit

  2011-2012
  2011-2010
  2010-2009
  2009-2008
  2008-2007

Other Documents to be Posted on Web Site

• Procurement Policies and Annual Procurement Report
• Property Acquisition and Disposition Policies
• Investment Policies and Annual Investment Report
• Uniform Tax Exemption Policy for IDAs
• Fee Schedules
• Current Year Official Statements (for those authorities issuing debt)