§ 3871 — Audits

§ 3871. Audits. 1. The accounts of the authority shall be subject to\nthe audit of the comptroller and the state comptroller. In addition, the\nauthority shall be subject to an annual financial audit performed by an\nindependent certified accountant selected by the authority. Such audit\nreport shall be submitted to the city, the presiding officer, the\ncomptroller, the governor, the state comptroller, the chair and ranking\nminority member of the senate finance committee and the chair and\nranking minority member of the assembly ways and means committee.\n 2. For each fiscal year during the existence of the authority, and\nwithin one hundred twenty days after the close of the city's fiscal\nyear, the city shall submit its audited financial statements to the\nauthority.\n