N.Y. Pub. Auth. Law § 3617

§ 3617. Audit and annual reports. 1. In conformity with the provisions\nof section five of article ten of the state constitution, the accounts\nof the corporation shall be subject to the supervision of the state\ncomptroller and an annual audit shall be performed by an independent\ncertified public accountant. The corporation shall annually submit to\nthe town boards of supervisors a detailed report pursuant to the\nprovisions of section twenty-eight hundred of this chapter, and a copy\nof such report shall be filed with the clerk of each town.\n 2. The corporation shall report on an annual basis the following\ninformation: the name, principal business address and principal business\nactivities of each subsidiary of the corporation; the name of all board\nmembers and officers of each subsidiary; the number of employees of each\nsubsidiary; a list of all contracts in excess of one hundred thousand\ndollars entered into by the corporation and its subsidiaries identifying\nthe amount, purpose and duration of such contract; and a financial\nstatement, income statement, and balance sheet performed by an\nindependent certified public accountant all in accordance with generally\naccepted accounting principles of the corporation and each of its\nsubsidiaries. At the time the reports required by subdivision one of\nthis section are submitted, such reports shall be provided to the\ngovernor, the speaker of the assembly, the temporary president of the\nsenate and a copy of such report shall be filed with the clerk of each\ntown and the town supervisors and with the clerk of the county.\n