Authorizes county comptrollers to audit industrial development authorities and local development corporations and to audit or review an audit prior to the renewal or renegotiation of a PILOT agreement by such entities.
Stabilizes electric costs for New York consumers; restricts unreasonable rate and fee increases; establishes additional auditing and enforcement authorities.
Expands authrority of State Auditor on performance audits of school districts; requires State Auditor to issue report on school district audits from precious five years; requires appropriation of $1.5 million to Office of State Auditor annually for audits.
Stabilizes electric costs for New York consumers; restricts unreasonable rate and fee increases; establishes additional auditing and enforcement authorities.