Section 20.39. Annual and other reports  


Latest version.
  • 1.  A trust shall submit to the
      governor and to the mayor or chief executive officer and  the  governing
      body  of  the  municipality  or  county in which its principal office is
      located, within ninety days  after  the  end  of  each  fiscal  year,  a
      complete  and  detailed  report  setting  forth:  (a) its operations and
      accomplishments; (b) its receipts and expenditures, in  accordance  with
      the  categories  or classifications established by the trust for its own
      operating and capital outlay purposes; (c) its assets and liabilities at
      the  end  of  its  fiscal  year  including  the   status   of   reserve,
      depreciation,  special  or  other funds; and (d) a schedule of its bonds
      and other obligations  outstanding  at  the  end  of  its  fiscal  year,
      together  with  a  statement of the amounts redeemed and incurred during
      such fiscal year.
        2. A trust shall submit to the governor and  to  the  mayor  or  chief
      executive  officer  and the governing body of the municipality or county
      in which its principal office  is  located,  within  thirty  days  after
      receipt  thereof,  a copy of the report of every external examination of
      the books and accounts of the trust, other than reports of  examinations
      by any state, county or municipal official.