Mission Statement & Performance Measures 

Overview


The Washington Tobacco Assset Securitization Corporation (WTASC) was established by Washington County as a single-purpose financing vehicle to maximize revenues available to the County under the Master Settlement Agreement (MSA), with the resulting public purpose of benefiting the taxpayers of the County through current and future budget relief and revenue maximization. This public purpose and mission has been accomplished by the Corporation through participation in New York Counties Tobacco Trust I and New York Counties Tobacco Trust IV.

The Corporation's continuing public purpose and mission is to satisfy its obligations under the trust indentures associated with New York Counties Tobacco Trust I and New York Counties Tobacco Trust IV and from time to time assess additional MSA revenue securitization opportunities. Additional Corporation purposes and mission include compliance with applicable provisions of PAAA and PARA, along with periodic reporting and audit responsibilities associated with New York Counties Tobacco Trust I and New York Counties Tobacco Trust IV.

Full Mission Statement


Download the corporation's complete mission statement.
  

Mission Statement Measurement Reports

2014 Measurement Report
2015 Measurement Report

NOTE: Measurement Reports are also included in the Annual Report