N.Y. City of Troy Issuance of Serial Bonds § 3: The state comptroller shall not confirm the amount of any deficit unless and until the chief executive officer, as such term is defined i...

§ 3. The state comptroller shall not confirm the amount of any deficit

unless and until the chief executive officer, as such term is defined in

paragraph 5-a of section 2.00 of the local finance law, of the city of

Troy, shall have provided an independently-audited financial statement

for the applicable year for which the associated deficit is being

financed to the state comptroller. The state comptroller shall then

certify the deficit amount and notify such chief executive officer,

chief fiscal officer, the city council, the supervisory board as

established pursuant to section ten of this act, the director of the

budget, the chair of the senate finance committee, and the chair of the

assembly ways and means committee of the certified amount.