1. The authority shall submit to the governor and the general assembly, not later than December 31 of each year, a report setting forth:
a. Its operations and accomplishments.
b. Its receipts and expenditures during the previous fiscal year, in accordance with the classifications it establishes for its operating and capital accounts.
c. Its assets and liabilities at the end of the previous fiscal year and the status of reserve, special, and other funds.
d. A schedule of its bonds outstanding at the end of the previous fiscal year, together with a statement of the amounts redeemed and issued during the fiscal year.
e. A statement of its proposed and projected activities.
f. Recommendations to the governor and general assembly, as it deems necessary.
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.
85 Acts, ch 34, §14
CS85, § 442A.14
C93, § 257C.14
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