N.Y. Town Law § 235

§ 235. Accounts to be kept with each improvement. The supervisor shall\nkeep accounts in the name of each improvement in such form as has been\nor may be formulated and prescribed by the state department of audit and\ncontrol. He shall carefully preserve all coupons, certificates, bonds\nand notes which he shall pay, and present the same, with a transcript of\nthe account, to the town board from time to time, as it may require, and\nat least once in each year shall make and file a complete statement and\nshall account with such board on account of every improvement.\n