§ 6233 — Reports of the city university trustees

§ 6233. Reports of the city university trustees. 1. The trustees of\nthe city university shall make, on or before January first of each year,\nan annual report of its activities and such recommendations as it may\ndeem appropriate to the board of regents, the governor, the state\ncomptroller and the legislature. This annual report shall include a\nsummary of city university's (1) operations and accomplishments; and (2)\nrevenues and expenditures, in accordance with the categories or\nclassifications established by the trustees of the city university for\noperating and capital outlay purposes.\n 2. a. On the fifteenth day of each month, from September through July\nof each year, the trustees of the city university shall submit to the\nchairs of the senate finance committee, the assembly ways and means\ncommittee, the director of the budget and the state comptroller for\ninformational purposes, reports developed in consultation with the\naforementioned chairs and director of all disbursements of the city\nuniversity. These reports shall include but not be limited to:\n (i) a comparison of actual disbursements with the state fiscal year\nexpenditure plan;\n (ii) the reallocation between campuses of full-time positions and\nfilled full-time positions compared to annual targets;\n (iii) campus and lump sum transfers and interchanges; and\n (iv) identification of any revenue shortfalls, deficiencies,\nsurpluses, or budgetary actions by the governor.\n b. In addition to the items listed in paragraph a of this subdivision,\nthe reports submitted on the fifteenth of October through July of each\nyear will include all receipts of the city university and a comparison\nof actual receipts with the state fiscal year revenue plan.\n c. In addition to the items listed in paragraphs a and b of this\nsubdivision, the reports submitted on the fifteenth day of November and\nApril of each year will include:\n (i) comparison of actual enrollment to enrollment targets;\n (ii) summary of target and actual full-time equivalent positions; and\n (iii) breakdown by major purpose of target and filled full-time\npositions.\n 3. The trustees of the city university shall submit to the governor,\nthe state comptroller, the legislature and the mayor of the city of New\nYork, within one hundred twenty days after the close of each city\nuniversity fiscal year, an annual financial statement for the senior\ncolleges which has been audited by an independent certified public\naccountant and prepared in accordance with generally accepted accounting\nprinciples as prescribed by the state comptroller.\n