Maryland Code, STATE FINANCE AND PROCUREMENT 2-104
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Terms Used In Maryland Code, STATE FINANCE AND PROCUREMENT 2-104
- 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.
- including: means includes or including by way of illustration and not by way of limitation. See
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) On or before January 1 of each year, the Treasurer shall submit an annual report to the Governor and, subject to § 2-1257 of the State Government Article, to the General Assembly.
(b) (1) The report shall describe the activities and operation of the Office of the Treasurer during the preceding fiscal year.
(2) The report shall include:
(i) a statement on the management of State funds;
(ii) a statement on the interest earned on investments; and
(iii) a statement on the administration of the State Insurance Program and the State Insurance Trust Fund, including any recommendations for changes in their operation.