Section 239. Reporting requirements

1. Each funding recipient shall provide
  an  annual  financial statement prepared according to generally accepted
  accounting principles to the commissioner, the speaker of  the  assembly
  and the temporary president of the senate.
    2.  The department shall annually, on or before February first, submit
  to the governor, the temporary president of the senate and  the  speaker
  of  the  assembly,  a report on the activities of the business marketing
  matching funds program. Such report  shall  include  a  summary  of  the
  financial  statements received by the department from funded entities, a
  summary of activities conducted and analyses of the effectiveness of the
  program in stimulating economic growth and job creation.