(1) On or before October 1 of each year, in conjunction with the department, the director shall report to the governor and the Legislature concerning the division‘s work for the fiscal year immediately preceding the report.

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Terms Used In Utah Code 61-2-202

  • Department: means the Department of Commerce. See Utah Code 61-2-102
  • Director: means the director of the division appointed under Section 61-2-201. See Utah Code 61-2-102
  • Division: means the Division of Real Estate created in Section 61-2-201. See Utah Code 61-2-102
  • Executive director: means the executive director of the department appointed under Section 13-1-3. See Utah Code 61-2-102
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(2) In conjunction with the executive director, the director shall prepare and submit to the governor and the Legislature a budget for the fiscal year that follows the convening of the Legislature.