New York Financial Management.
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§ 388. Financial management. a. The heads of mayoral agencies shall
supervise the execution and management of all expenditures of their
respective agencies.
b. They shall prepare and transmit budget estimates of the agency as
prescribed by the charter, and other laws, and fulfill all other
requirements of the budget preparation, adoption, modification, and
administration process as set forth in the charter.
c. In accordance with the methods prescribed by the comptroller
pursuant to subdivision h of section ninety-three of the charter and
subject to the comptroller's power to suspend or withdraw such authority
in accordance with the provisions of that subdivision, heads of mayoral
agencies shall prepare and audit vouchers before payment, prepare and
audit payrolls, receive and inspect goods and forward bills to the
comptroller for payment and record, report and account for such
payments.
d. In accordance with the standards and procedures prescribed by the
comptroller pursuant to subdivision m of section ninety-three, heads of
mayoral agencies shall maintain a system of uniform accounting and
reporting for their agencies.