Legislation
SECTION 3663
Audits
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 10-D, TITLE 1
§ 3663. Audits. 1. The accounts of the authority shall be subject to
the audit of the comptroller and the state comptroller. In addition, the
authority shall be subject to an annual financial audit performed by an
independent certified accountant selected by the authority. Such audit
report shall be submitted to the county executive, the presiding
officer, the comptroller, the governor, the state comptroller, the chair
and ranking minority member of the senate finance committee and the
chair and ranking minority member of the assembly ways and means
committee.
2. For each fiscal year during the existence of the authority, and
within one hundred twenty days after the close of the county's fiscal
year, the county shall submit its audited financial statements to the
authority.
the audit of the comptroller and the state comptroller. In addition, the
authority shall be subject to an annual financial audit performed by an
independent certified accountant selected by the authority. Such audit
report shall be submitted to the county executive, the presiding
officer, the comptroller, the governor, the state comptroller, the chair
and ranking minority member of the senate finance committee and the
chair and ranking minority member of the assembly ways and means
committee.
2. For each fiscal year during the existence of the authority, and
within one hundred twenty days after the close of the county's fiscal
year, the county shall submit its audited financial statements to the
authority.