Bill Text: NY S00703 | 2023-2024 | General Assembly | Introduced
Bill Title: Authorizes the county comptroller to examine and audit all accounts, contracts, books and records of such county's respective industrial development agency.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-01-03 - REFERRED TO LOCAL GOVERNMENT [S00703 Detail]
Download: New_York-2023-S00703-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 703 2023-2024 Regular Sessions IN SENATE January 6, 2023 ___________ Introduced by Sen. COMRIE -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government 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- EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03278-01-3S. 703 2 1 ered to the appropriate bank or trust company; (j) at least once a year 2 review all books and records, vouchers and other papers pertaining to 3 the money, funds and property of the county and render a report thereon 4 to the board of supervisors as to whether proper books and records have 5 been kept and all moneys and property of the county accounted for; (k) 6 cause to be printed within thirty days after the close of the fiscal 7 year for distribution to the board of supervisors, county officers and 8 the public, a verified statement in summary form showing the receipts of 9 money from all sources, the expenditures and balances by funds, and 10 bonded indebtedness together with the terms of payment and the balance 11 unpaid and such other information as may be deemed proper or directed by 12 the board of supervisors; (1) in [the] each county [of Nassau], examine 13 and audit on his or her own motion or when directed to do so by resol- 14 ution of the board of supervisors all accounts, contracts, books and 15 records of the [Nassau county] municipal industrial development agency 16 in their respective county as established by [section nine hundred twen-17ty-two] article eighteen-A of the general municipal law, and all bank 18 statements from depositaries of such agency funds; (m) perform such 19 additional and related duties as may be prescribed by law or directed by 20 the board of supervisors. 21 § 2. This act shall take effect immediately.
