N.Y. Second Class Cities Law 66 – Accounts with treasurer
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§ 66. Accounts with treasurer. The comptroller shall keep an account between the city and the treasurer, and of all moneys received and disbursed by the treasurer, and for that purpose he shall procure daily statements from the treasurer as to the moneys received and disbursed by him, and shall also procure from the depositaries in which the city funds are deposited by the treasurer, monthly statements of the moneys which have been received and paid out on account of the city. He shall examine the treasurer's books, accounts and bank books, and ascertain as to their correctness, and shall render quarterly a detailed report to the mayor and common council of the funds and financial condition of the city.