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75-3735. Fiscal reporting and statistics. The director of accounts and reports shall:

(1) At least annually, prepare reports as of the close of the preceding reporting period or fiscal year showing the financial condition of each fund as of the close of the respective periods and the transactions of each fund for such reporting period or fiscal year. Each report shall be summarized for the governor, and whenever possible, shall be prepared on a basis comparative to like preceding periods.

(2) File with the governor on or before December 31 of each year, a report of the financial transactions of the preceding fiscal year and of the financial condition of the state as of the end of that year. The report also shall include any comments and supplementary data deemed necessary. This report shall be made available to the legislature and the public.

(3) Receive and respond to requests for information as to the financial condition and operation of the state, either directly or in cooperation with any state agency.

(4) Compile statistics necessary for the budget and other statistics required by the secretary of administration.

History: L. 1953, ch. 375, § 35; L. 2001, ch. 110, § 1; L. 2004, ch. 31, § 3; July 1.

Source or prior law:

72-4307, 75-508, 75-510, 75-2411, 75-3010, 75-3011.

Attorney General's Opinions:

Audit requirements under federal revenue sharing act. 80-24.


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