1048-Y - Audit and annual report.

§  1048-y.  Audit and annual report. The accounts of the authority and  the water board  shall  be  subject  to  the  supervision  of  the  city  comptroller.  The authority and the water board shall annually submit to  the mayor, the comptroller and the director of the budget of the city  a  detailed  report.  In addition an annual audit of the authority shall be  conducted by an independent certified public  accountant.  Such  audited  report shall be submitted to the mayor, the comptroller and the director  of the budget of the city.