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This entry was published on 2022-07-08
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SECTION 1086
Audit of authority; annual report
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 4
§ 1086. Audit of authority; annual report. In conformity with the
provisions of section five of article ten of the constitution, the
accounts of the authority shall be subject to the supervision of the
state comptroller and such state comptroller and his legally authorized
representatives are hereby authorized and empowered from time to time to
examine the accounts and the books of the authority, including its
receipts, disbursements, contracts, leases, sinking funds, investments
and any other matters relating to its financial standing. The authority
shall annually submit to the governor and to the legislature and also to
the board of supervisors of Suffolk county a detailed report pursuant to
the provisions of section twenty-eight hundred of this chapter.
Notwithstanding the ninety day period set forth in paragraph (a) of
subdivision two of section twenty-eight hundred of this chapter, the
authority shall submit such detailed report within one hundred and
twenty days after the end of its fiscal year.