Section 2419. Annual report  


Latest version.
  • The agency shall submit to the governor, the
      chairman of the senate finance committee, the chairman of  the  assembly
      ways and means committee, the comptroller and the director of the budget
      within  six  months  after  the  end  of its fiscal year, a complete and
      detailed report setting forth: (1) its operations  and  accomplishments;
      (2)  its receipts and expenditures during such fiscal year in accordance
      with the categories or classifications established by the agency for its
      operating and capital  outlay  purposes,  including  a  listing  of  all
      private  consultants  engaged  by  the  agency on a contract basis and a
      statement of the total amount paid to each such private consultant;  (3)
      its  assets  and  liabilities at the end of its fiscal year, including a
      schedule of its mortgages and the status of reserve,  special  or  other
      funds;  (4)  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; (5) a schedule of mortgages which have
      been  insured  during  such year and mortgages for which there exists an
      outstanding  commitment  to  insure  and  the  status  of  the  mortgage
      insurance  fund and other funds established by the corporation; and with
      respect to the agency's  fiscal  years  ending  after  nineteen  hundred
      eighty-five;  (6)  a breakdown by region (as defined in subdivision nine
      of section two thousand four hundred twenty-six of this  title)  of  the
      average  income  of  recipients of SONYMA mortgage loans for such fiscal
      year, stated separately for SONYMA's tax exempt and blended program  and
      SONYMA's  taxable  program;  (7)  a  breakdown  by  region of the income
      distribution of recipients of SONYMA  mortgage  loans  for  such  fiscal
      year,  stated separately for SONYMA's tax exempt and blended program and
      SONYMA's taxable program; and (8) a breakdown by region of  the  average
      purchase  price  of  structures  acquired with SONYMA mortgage loans for
      such fiscal year, stated separately for SONYMA's tax exempt and  blended
      program  and  SONYMA's  taxable  program.  With  respect to the schedule
      mentioned in item five hereof, such schedule shall be  submitted  within
      ninety  days  after the end of its fiscal year and shall be submitted to
      the temporary president of the senate and speaker  of  the  assembly  in
      addition to the aforementioned officers.