Authorizes the county comptroller to examine and audit all accounts, contracts, books and records of such county's respective industrial development agency.
STATE OF NEW YORK
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10278
IN ASSEMBLY
April 8, 2020
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Introduced by M. of A. SOLAGES -- read once and referred to the Commit-
tee on Local Governments
AN ACT to amend the county law, in relation to authorizing the county
comptroller to audit the financial records of such county's respective
industrial development agency
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 1 of section 577 of the county law, as amended
2 by chapter 474 of the laws of 1988, is amended to read as follows:
3 1. The county comptroller shall: (a) have general superintendence over
4 the fiscal affairs of the county; (b) audit all claims, accounts and
5 demands that are lawful county charges with the same effect as if audit-
6 ed and directed to be paid by the board of supervisors; (c) keep books
7 and records at the expense of the county showing all appropriations,
8 funds and expenditures together with the name of the claimant and the
9 amounts and nature thereof; (d) keep and preserve all claims, accounts
10 and demands, number them consecutively and endorse thereon their allow-
11 ance or disallowance in whole or in part; (e) keep a separate account
12 with each county officer or department and special funds; (f) keep and
13 preserve all contracts for the furnishing of heat, light, telephone,
14 supplies or other services; (g) keep a record of all bonded indebtedness
15 and other loans and conduct the sale of all bonds pursuant to the
16 provisions of the local finance law; (h) procure bank statements from
17 depositaries of county funds at least once a month and reconcile them
18 with his or her books and that of the county treasurer; (i) subject to
19 the provisions of the civil service law, certify the correctness of
20 payrolls for the payment of salaries of officers and employees paid from
21 county funds and deliver a certified transcript to the county treasurer
22 as authorization for payment; provided that if the board of supervisors
23 enters into a contract pursuant to subdivision six of section five
24 hundred fifty of this chapter such certified transcript shall be deliv-
25 ered to the appropriate bank or trust company; (j) at least once a year
26 review all books and records, vouchers and other papers pertaining to
27 the money, funds and property of the county and render a report thereon
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD15193-01-0
A. 10278 2
1 to the board of supervisors as to whether proper books and records have
2 been kept and all moneys and property of the county accounted for; (k)
3 cause to be printed within thirty days after the close of the fiscal
4 year for distribution to the board of supervisors, county officers and
5 the public, a verified statement in summary form showing the receipts of
6 money from all sources, the expenditures and balances by funds, and
7 bonded indebtedness together with the terms of payment and the balance
8 unpaid and such other information as may be deemed proper or directed by
9 the board of supervisors; (1) in [the] each county [of Nassau], examine
10 and audit on his or her own motion or when directed to do so by resol-
11 ution of the board of supervisors all accounts, contracts, books and
12 records of the [Nassau county] municipal industrial development agency
13 in their respective county as established by [section nine hundred twen-
14 ty-two] article eighteen-A of the general municipal law, and all bank
15 statements from depositaries of such agency funds; (m) perform such
16 additional and related duties as may be prescribed by law or directed by
17 the board of supervisors.
18 § 2. This act shall take effect immediately.