N.Y. Public Authorities Law § 1867: Annual reports

§ 1867. Annual reports. 1. For the purpose of furnishing the state

with systematic information regarding the status and the activities of

the authority, the authority shall submit to the governor, the chairman

of the senate finance committee, the chairman of the assembly ways and

means committee and the state comptroller, within ninety days after the

end of its fiscal year, a complete and detailed report setting forth:

(1) its operations and accomplishments; (2) its receipts and

disbursements, or revenues and expenses, during such fiscal year in

accordance with the categories or classifications established by the

comptroller and including but not limited to a breakdown of operating

expenditures and revenues by facility, by maintenance and by personnel;

a breakdown of capital expenditures, including an analysis of all

projects begun, completed or in progress in that fiscal year; (3) an

explanation of depreciation, policies, reserve funds and investments;

(4) its assets and liabilities at the end of such fiscal year including

the status of reserve, depreciation, special or other funds and

including the receipts to and payments from these funds, and the status

of funds received from federal and state governments; and (5) a schedule

of its bonds and notes outstanding at the end of its fiscal year,

together with a statement of the amounts redeemed and incurred during

such fiscal year.

2. The authority, so long as it is not subject to the civil service

law, shall within ninety days after the end of its fiscal year submit to

the governor, the chairman of the senate finance committee and the

chairman of the assembly ways and means committee a report on its

personnel policies and practices with regard to recruitment, selection,

promotion, classification, compensation, transfer, separation, employee

relations and services and equal opportunity programs.

3. The comptroller shall be charged with seeing that the reports

mandated in subdivision one are filed on time and that they are

sufficiently comprehensive. The comptroller shall report any

deficiencies to the governor and to the legislative chairmen named in

subdivision two of this section.

4. The authority shall submit annually to the governor, for his

approval, and to the budget director, the state comptroller and the head

of any executive agency having energy related responsibilities, chairman

of the senate finance committee, and chairman of the assembly ways and

means committee, its proposed operating budget for the next ensuing

fiscal year and the operating budget for the present fiscal year.

5. The budget shall be submitted in a form and on the date specified

by the budget director, including, but not limited to, information on

rates, contracts, revenue and sources of revenue.

6. The comptroller shall each year certify to the budget director, the

governor and the legislative chairmen named in subdivision two of this

section specific amounts for which the authority is obligated to the

state.

7. (a) The authority shall submit to the governor, the chair of the

senate finance committee, and the chair of the assembly ways and means

committee, and publish on the authority's public website a semi-annual

report for the time period ending March thirty-first no later than June

first and for the time period ending September thirtieth no later than

December first of each year detailing the authority's activities for the

previous six month reporting period.

(b) The semi-annual report required pursuant to paragraph (a) of this

subdivision shall include information with respect to all proceeds

collected and administered by the authority pursuant to an order of the

public service commission, including assessments, fees, taxes,

transfers, corporate income or surcharges imposed on energy consumers or

power generators. The semi-annual report shall include, at a minimum,

the following:

1. total revenues collected by the authority in the reporting period;

2. a list of requests for proposals, program opportunity notices, or

similar solicitations, that have been issued in the reporting period;

3. a description of the criteria and standards utilized for awarding a

request for proposal, a program opportunity notice, or similar

solicitation;

4. a regional report on all projects selected for funding by the

authority during the reporting period, including the county and utility

service territory in which the project is located, and the total value

of these projects statewide and by region;

5. all disbursements or expenditures of revenues pursuant to a request

for proposal, a program opportunity notice, or similar solicitation; and

6. a list of all contracts executed and completed during the reporting

period including a description of each project.

(c) The president and chief executive officer of the authority shall

provide notice to the director of the division of the budget, the

chairman of the senate finance committee and the chairman of the

assembly ways and means committee of any report that is more than sixty

days delinquent. Should the authority be delinquent in submitting its

report by more than one hundred eighty days, the president and chief

executive officer shall provide notice of such delinquency to the

director of the division of the budget, the chairman of the senate

finance committee, the chairman of the assembly ways and means

committee, and the state comptroller.

(d) Reporting requirements. The information for the report required

under this subdivision shall be current to within sixty days of the

actual release of the report.