3668 - Monitoring and review.

§ 3668. Monitoring and review. Except as otherwise provided in section  thirty-six hundred sixty-nine of this title, the authority shall:    1. conduct meetings at least annually;    2.  obtain  from  the county all information required pursuant to this  section, and such other financial statements and projections,  budgetary  data  and  information,  and  management  reports  and  materials as the  authority deems necessary or desirable to  accomplish  the  purposes  of  this title;    3. recommend to the county and the covered organizations such measures  relating  to their operation, management, efficiency and productivity as  the authority deems appropriate to reduce costs and improve services  so  as to advance the purposes of this title;    4.  consult  with  the  county in the preparation of the budget of the  county;    5. with respect to any county borrowing proposed to  be  issued  after  July first, two thousand, review the terms of and comment, within thirty  days  after  notification  by the county of a proposed borrowing, on the  prudence of each proposed issuance of bonds or notes to be issued by the  county and no such borrowing shall be made  unless  first  reviewed  and  commented  upon  by  the  authority.  The  authority  shall provide such  comments within thirty days  after  notification  by  the  county  of  a  proposed  borrowing  to  the  county  executive,  the  comptroller,  the  legislature, the director of the budget and the state comptroller;    6. determine whether to make transitional state aid available, and  on  what  schedule, based upon the county's compliance with the requirements  of  sections  thirty-six  hundred  sixty-six  and   thirty-six   hundred  sixty-seven  of this title, as applicable, and the requirements, if any,  of the appropriations bills authorizing such transitional state aid; and    7. perform such audits and  reviews  of  the  county  and  any  agency  thereof and any covered organizations as it deems necessary.