N.Y. Public Authorities Law § 1475-o: Audit and annual reports

§ 1475-o. Audit and annual reports. 1. In conformity with the

provisions of section five of article ten of the constitution, the

accounts of the authority shall be subject to the supervision of the

state comptroller and an annual audit shall be performed by an

independent certified public accountant. The authority shall annually

submit to the governor and the state comptroller and to the chairperson

of the senate finance committee and the chairperson of the assembly ways

and means committee a detailed report pursuant to the provisions of

section twenty-eight hundred of this chapter.

2. The authority shall render a complete annual account of its

proceedings to the city common council at its first meeting in January

of each and every year.