2006 New York Code - Reports And Audits.

 
    § 13-609 Reports and audits. a. On or before the first day of February
  of each year, such treasurer and trustee shall make a verified report to
  the  mayor  containing a statement of the account of such fund under his
  or her control and of all receipts, investments  and  disbursements,  on
  account  of  such  fund,  together  with  the name and residence of each
  beneficiary.
    b. There shall be an auditing committee, consisting of three  members,
  to  be  appointed  by  the  mayor. Such committee, annually on or before
  March first, shall  examine  the  condition  of  such  fund,  audit  the
  accounts  of  such  treasurer and trustee and make report thereon to the
  mayor within thirty days thereafter.