N.Y. Public Authorities Law § 2799-iiii: Annual budget and report

§ 2799-iiii. Annual budget and report. 1. On or before September

fifteenth, nineteen hundred eighty-four and on each September fifteenth

thereafter, the chair of the corporation shall make and deliver to the

director of the budget for his or her review a proposed budget for the

operation of the corporation for the next fiscal year of the state. The

chair of the corporation shall also deliver a copy of such budget to the

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

and means committee at the same time that the budget is delivered to the

director of the budget. The budget shall include the total amount needed

for corporate purposes, including the funds required by the corporation

for operation of Roosevelt Island facilities and improvements, the

source of all funds that the corporation expects to receive and such

other information as the director of the budget shall require. The

governor shall recommend in his or her annual budget such appropriations

to the corporation for its operations as he or she deems necessary.

2. The corporation shall submit to the director of the budget, chair

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

means committee, within ninety days after the end of its fiscal year, a

complete and detailed report setting forth (a) its operations and

accomplishments, and (b) its receipts and expenditures during such

fiscal year in accordance with categories and classifications

established by the corporation, with the approval of the director of the

budget, for its operating and capital outlay purposes.