December 31 shall file the report within 90 days after the end
of their fiscal year.]
(1) Every authority shall file, on or before 180 days
following the end of its fiscal year, an annual report of its
fiscal affairs covering the preceding fiscal year with the
Department of Community and Economic Development and with the
municipality or municipalities creating the authority on
forms prepared and distributed by the Department of Community
and Economic Development. The report shall also be posted on
the authority's publicly accessible Internet website. If the
authority does not maintain a publicly accessible Internet
website, the report shall be provided by electronic or other
means to any other municipality that has customers served by
the authority.
(2) Every authority shall have its books, accounts and
records audited annually by a certified public accountant,
and a copy of his audit report shall be filed in the same
manner and within the same time period as the annual report.
A concise financial statement shall be published annually at
least once in a newspaper of general circulation in the
municipality where the principal office of the authority is
located. If the publication is not made by the authority, the
municipality shall publish such statement at the expense of
the authority. If the authority fails to make such an audit,
then the controller, auditor or accountant designated by the
municipality is hereby authorized and empowered from time to
time to examine at the expense of the authority the accounts
and books of it, including its receipts, disbursements,
contracts, leases, sinking funds, investments and any other
matters relating to its finances, operation and affairs.
20170HB0104PN2952 - 2 -
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30