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            The authority shall present to the city council of New Orleans an annual written and oral report on its financial condition at a meeting of the city council in January of each year. The written report shall include the latest available annual and year-to-date financial statements, operating and capital budgets for the current year and proposed for the upcoming year, and a schedule of all reserves held by the authority for future use pursuant to La. Rev. Stat. 33:4710.19(B)(5) specifying each project for which a reserve has been established.

            Acts 2019, No. 172, §1.