§ 1276-b. Authority budget and financial plan. 1. In addition to the
requirements of section twenty-eight hundred two of this chapter, each
authority budget and plan shall be posted on its website and shall: (a)
present information relating to the authority and each of its agencies
in a clear and consistent manner and format; (b) be prepared in
accordance with generally accepted accounting principles, except as
otherwise consented to by the comptroller upon good cause shown; (c) be
based on reasonable assumptions and methods of estimation; (d) include
estimates of projected operating revenues and expenses; (e) identify any
planned transaction that would shift resources, from any source, from
one fiscal year to another, and the amount of any reserves; and (f)
contain a summary in plain English of the principal information in the
budget and conclusions to be drawn from it.

2. Supporting documentation. The authority shall prepare and make
available for public inspection on its website information that details
the sources of data and the assumptions and methods of estimation used
to calculate all operating and capital budget projections, consistent
with generally accepted budgetary practices.

3. The authority shall establish at least annually the quarterly
revenue and expense targets for the authority, and for each subsidiary
or other authority created by the authority itself and for which it
reports financial data.

4. Monitoring the budget and financial plan. The authority shall
prepare and make available for public inspection on its website: (a)
within sixty days of the release of the adopted budget and any updates
to the budget (except updates released within ninety days of the close
of the fiscal year), monthly projections for the current fiscal year of
all revenues and expenses, staffing for the authority and each of its
agencies, and utilization for each of the authority's agencies that
operate transportation systems, including bridges and tunnels; (b)
within sixty days after the close of each quarter, a comparison of
actual revenues and expenses, actual staffing and actual utilization to
planned or projected levels for each of the authority's agencies that
operate transportation systems, including bridges and tunnels, with an
explanation of each material variance and its budgetary impact; and (c)
within ninety days after the close of each quarter, the status of each
gap-closing initiative with a projected value greater than one million
dollars in any given fiscal year; the status of capital projects by
capital element, including but not limited to commitments, expenditures
and completions; and an explanation of material variances from the plan,
cost overruns and delays.

5. Strategic operation plan. Financial information required to be
submitted by the authority pursuant to paragraphs d and e of subdivision
one of section twelve hundred sixty-nine-c of this title shall be
presented in a format consistent with the budget and plan, in
downloadable, searchable format.

6. The authority shall publish all data pertaining to each authority's
budget and financial plans as required by this section in a common,
machine readable format on the authority's website as defined by
executive order number ninety-five of two thousand thirteen, "Using
Technology to Promote Transparency, Improve Government Performance and
Enhance Citizen Engagement" or any successor order. Such data shall
include, but not be limited to:

(a) estimates of projected operating revenues and expenses, including
monthly projections for the current fiscal year of all revenues and
expenses;

(b) quarterly revenue and expense targets;

(c) staffing for the authority and each of its agencies;

(d) a comparison of actual revenues and expenses, actual staffing and
actual utilization to planned or projected levels for each of the
authority's agencies that operate transportation systems;

(e) the status of each gap-closing initiative with a projected value
greater than one million dollars in any given fiscal year; and

(f) the status of capital projects by capital element, including but
not limited to commitments, expenditures and completions; and material
variances from the plan, cost overruns and delays.

7. The data required to be published pursuant to this section shall be
made in a single tabular data file in a common, machine readable format
and shall be accessible on the authority's website and the website
data.ny.gov or such other successor website maintained by, or on behalf
of, the state, as deemed appropriate by the New York state office of
information technology services under executive order number ninety-five
of two thousand thirteen, or any successor agency or order.