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NEW YORK STATUTES AND CODES

9.13 - Reports.

§ 9.13. Reports. 1. For the purposes of furnishing the state with systematic information regarding its status and activities, the corporation shall submit to the governor, the chairpersons of the assembly ways and means and senate finance committees and the commissioner of taxation and finance within ninety days after the end of the corporation's fiscal year, a complete and detailed report setting forth: (a) its operations and accomplishments; (b) an audited statement by an independent certified public accountant experienced in theatrical productions including its receipts and disbursements, or revenues and expenses, during such fiscal year in accordance with generally accepted accounting principles; and (c) its assets and liabilities at the end of its fiscal year, including the status of reserve, special or other funds and including the receipts and payments of these funds. 2. The corporation shall annually submit a proposed budget to the director of the budget at the same time as budget requests are required to be submitted by state agencies. The proposed budget shall contain a personal services budget, an operating budget, an equipment budget and an estimate of revenues. In addition, the corporation shall submit an expenditure plan subject to the approval of the director of the budget prior to the allocation of any appropriation. Such expenditure plan shall provide information on such funds and in such detail as may be required by the director of the budget, and any subsequent amendment to such plan shall require the prior approval of the director of the budget.

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