16.7  Annual report.

1.  The authority shall submit to the governor and to the general assembly, not later than January 15 each year, a complete report setting forth:

a.  Its operations and accomplishments.

b.  Its receipts and expenditures during the fiscal year, in accordance with the classifications it establishes for its operating and capital accounts.

c.  Its assets and liabilities at the end of its fiscal year and the status of reserve, special and other funds.

d.  A schedule of its bonds and notes outstanding at the end of its fiscal year, together with a statement of the amounts redeemed and issued during its fiscal year.

e.  A statement of its proposed and projected activities.

f.  Recommendations to the general assembly, as it deems necessary.

g.  An analysis of current housing needs in the state.

2.  The annual report shall identify performance goals of the authority, and clearly indicate the extent of progress during the reporting period, in attaining the goals. Where possible, results shall be expressed in terms of housing units.

Section History: Early form

  [C77, 79, 81, § 220.7]

Section History: Recent form

  C93, § 16.7

Internal References

  Referred to in § 403A.3, 533.16


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