Genesee County Funding Corp. (GCFC)

Mission
The GCFC’s mission is to assist local economic development efforts by serving in a conduit financing capacity enabling the issuance of taxable and non-taxable debt to benefit the growth, expansion, on-going operations and continued viability of non-profit and for-profit business enterprises in Genesee County and to the extent a for-profit or nonprofit business enterprise in Genesee County has operations directly or through affiliated entities in other counties in New York State, as of the date bonds are or are expected to be issued by the Corporation for the benefit of such business enterprise, GCFC is authorized to issue bonds for the benefit of such for-profit or nonprofit business enterprise and/or its affiliates in any county in New York as if such bonds are issued on behalf of Genesee County.
GCFC Articles of Incorporation
GCFC Board Members
Peter Zeliff - Chairman
Term Start Date: August 3, 2017
Matthew Gray - Vice Chair
Term Start Date: June 4, 2020
Tom Turnbull - Secretary
Term Start Date: December 9, 2015
William Lapple - Treasurer
Term Start Date: May 11, 2016
Maureen Marshall Torrey
Term Start Date: November 5, 2009
(Vacant)
GCFC Committees
Audit & Finance Committee - Established April 13, 2011
Members
Matthew Gray (Committee Chair)
Tom Turnbull
Peter Zeliff
Governance Committee - Established April 13, 2011
Members
Matthew Gray (Committee Chair)
Maureen Marshall Torrey
Peter Zeliff
GCFC Projects
Rochester Regional Health Energy Project
Intent Resolution - October 2, 2025
Public Hearing - October 22, 2025 - Notice - Minutes - Participation Link - Video
Bond Resolution - November 19, 2025
Rochester Regional Health
Initial Resolution - March 30, 2022
Public Hearing - April 20, 2022 - Minutes
Final Resolution - April 28, 2022
Genesee Community College Foundation Housing Services Inc.
Public Hearing - March 5, 2019 - Minutes
Bond Resolution - April 23, 2019
Mercy Flight Inc.
Public Hearing - July 17, 2017 - Minutes
UMMC
Public Hearing - May 15, 2015 - Minutes
GCFC Materials and Minutes
On-demand videos of board and committee meetings are available on Vimeo
March 25, 2026 - Notice - Agenda - Draft Minutes - Video
November 19, 2025 - Notice - Agenda - Minutes - Video
October 2, 2025 - Notice - Agenda - Minutes - Video
March 26, 2025 - Notice - Agenda - Minutes - Video
March 27, 2024 - Agenda - Minutes
March 29, 2023 - Agenda - Minutes
April 28, 2022 - Agenda - Minutes
March 30, 2022 - Agenda - Minutes
March 26, 2021 - Agenda - Minutes
GCFC Reports
Investment Reports - 2023 - 2024 - 2025
Procurement Reports - 2023 - 2024 - 2025
Real Property Listing - 2022 - 2023 - 2024
Public Authorities Annual Report - 2023 - 2024 - 2025
-
Real Property Disposal Reports - see annual report
-
Subsidiaries, Affiliates and Major Authority Units - see annual report
-
Schedule of Debt - see annual report
-
Personal Property Disposal - see annual report
List of Board Members and Executives Making Over $100,000 Per Year - 2022 - 2023 - 2024
Management's Assessment of Internal Control Structure and procedures - 2022 - 2023 - 2024
NYS Local Public Authority Mission Statement & Measurements Report - 2023 - 2024 - 2025
Authority Self Evaluation of Prior Year Performance - 2022 - 2023 - 2024
Certificate Certifying the Financial Information and Annual Report - 2023 - 2024 - 2025
Independent Audit - 2023 - 2024 - 2025
Management Letter - 2023 - 2024 - 2025
GCFC Budget
GCFC 2025-2028 Budget Forecast
GCFC 2024-2027 Budget Forecast
GCFC 2023-2026 Budget Forecast
GCFC Policies
Disposition of Real Property Guidelines

