Section 3663. Audits  


Latest version.
  • 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 senate finance committee and the
      chair and ranking  minority  member  of  the  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.