Press Release Article


Date: Oct 22, 2015
Press Release Number: 167-2015

Action is part of agency's efforts to keep the public informed and increase transparency

The Port Authority today announced that it released financial data through the third quarter of 2015 on the agency's website as part of its ongoing initiatives to enhance transparency and keep the public informed about its financial performance.

Earlier this year, the agency's Board of Commissioners announced that it would release quarterly unaudited financial information that covers the agency's facilities, operations and holdings. The information is updated every three months, providing the public with the ability to scrutinize the agency's financial results.

The Port Authority's unaudited financial statements for the nine months ending September 30, 2015 are on the agency's website at

Port Authority of New York and New Jersey

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere. The Port Authority receives no tax revenue from either the State of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, please visit

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