Section 3958. Advisory period  


Latest version.
  • 1. During any advisory period the authority
      shall: (a) obtain from the county, the  covered  organizations  and  the
      state   comptroller,   all   information,   financial   statements   and
      projections, budgetary data and information, and management reports  and
      materials  as  the  authority deems necessary or desirable to accomplish
      the purposes of this title; and inspect, copy and audit such  books  and
      records  of  the  county  and the covered organizations as the authority
      deems necessary or desirable to accomplish the purposes of this title;
        (b) review the operation, management, efficiency and  productivity  of
      county  operations  and  of any covered organization's operations as the
      authority may determine, and make reports and  recommendations  thereon;
      examine  the  potential  to  enhance  the  revenue  of the county or any
      covered organization; audit compliance with the financial plan  in  such
      areas  as  the  authority may determine; recommend to the county and the
      covered  organizations  such  measures  relating  to  their  operations,
      management,   efficiency   and   productivity  as  the  authority  deems
      appropriate to reduce costs, enhance revenue and improve services so  as
      to advance the purposes of this title;
        (c)  consult  with  the county in the preparation of the budget of the
      county, comment on the provisions of the budget, the financial plan  and
      the  financial  plan  modifications of the county as the authority deems
      necessary or appropriate;
        (d) review and  comment  on  the  terms  of  any  proposed  borrowing,
      including the prudence of each proposed issuance of bonds or notes to be
      issued by the county or any covered organization; and
        (e)  assess  the  impact  of any collective bargaining agreement to be
      entered into by the county and such contracts, that, in the judgment  of
      the  authority,  may have a significant impact on the county's long-term
      fiscal condition.
        2. During any advisory period, the county shall promptly  provide  all
      information   requested   by   the   authority,   review  the  comments,
      assessments, reports and recommendations of the authority  and  publicly
      respond  thereto,  addressing  such  matters  as have been raised by the
      authority.