§ 6233. Reports of the city university trustees. 1. The trustees of
the city university shall make, on or before January first of each year,
an annual report of its activities and such recommendations as it may
deem appropriate to the board of regents, the governor, the state
comptroller and the legislature. This annual report shall include a
summary of city university's (1) operations and accomplishments; and (2)
revenues and expenditures, in accordance with the categories or
classifications established by the trustees of the city university for
operating and capital outlay purposes.

2. a. On the fifteenth day of each month, from September through July
of each year, the trustees of the city university shall submit to the
chairs of the senate finance committee, the assembly ways and means
committee, the director of the budget and the state comptroller for
informational purposes, reports developed in consultation with the
aforementioned chairs and director of all disbursements of the city
university. These reports shall include but not be limited to:

(i) a comparison of actual disbursements with the state fiscal year
expenditure plan;

(ii) the reallocation between campuses of full-time positions and
filled full-time positions compared to annual targets;

(iii) campus and lump sum transfers and interchanges; and

(iv) identification of any revenue shortfalls, deficiencies,
surpluses, or budgetary actions by the governor.

b. In addition to the items listed in paragraph a of this subdivision,
the reports submitted on the fifteenth of October through July of each
year will include all receipts of the city university and a comparison
of actual receipts with the state fiscal year revenue plan.

c. In addition to the items listed in paragraphs a and b of this
subdivision, the reports submitted on the fifteenth day of November and
April of each year will include:

(i) comparison of actual enrollment to enrollment targets;

(ii) summary of target and actual full-time equivalent positions; and

(iii) breakdown by major purpose of target and filled full-time
positions.

3. The trustees of the city university shall submit to the governor,
the state comptroller, the legislature and the mayor of the city of New
York, within one hundred twenty days after the close of each city
university fiscal year, an annual financial statement for the senior
colleges which has been audited by an independent certified public
accountant and prepared in accordance with generally accepted accounting
principles as prescribed by the state comptroller.