§ 3971. 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 state senate finance committee and
the chair and ranking minority member of the state 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.