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NEW YORK STATUTES AND CODES

1840-R - Submission of certain financial information.

§ 1840-r. Submission of certain financial information. 1. The authority shall submit to the county executives, board of supervisors, county legislature and county comptrollers, annually sixty days prior to the commencement of its fiscal year, in such form or forms and at such time as may be prescribed by the director of the budget, financial information on its operations and all loans, leases, sales and other agreements with respect to a project setting forth its estimated income and expenditures for the next fiscal year and the current fiscal year of the authority, the actual income and expenditures for the last completed fiscal year of the authority, and proposed changes, if any, in its charges and fees in respect of project applications and loans, leases, sales, or other agreement in respect to a project. 2. The annual report submitted by the authority pursuant to the provisions of section twenty-eight hundred of this chapter shall set forth, in addition to the items enumerated in such section, (a) a schedule of its projects which shall indicate the local development corporation, if any, through which financial assistance has been granted and the nature of such assistance by the authority and the project occupant for each assisted project, and (b) a listing of all bond counsel, accountants and other private consultants engaged by the authority on a contract basis and a statement of the total amount paid and yet to be paid under each such contract.

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