Rhode Island General Laws 23-19-37. Financial accountability
The general assembly recognizes that the cost of statewide waste disposal is inherently substantial and, therefore, must be subject to effective cost control. To this end, the general assembly declares that the corporation shall:
(1) Furnish the house fiscal advisor with a copy of its proposed budget on or before October 1 of each year.
(2) Submit to the general assembly a quarterly comparison of actual versus budget for all revenues and expenditures by line item no later than thirty (30) days after the close of each quarter.
(3) To prepare and to report each October 1, a five-year financial projection of anticipated general revenue receipts and expenditures, including detail of principal revenue sources and expenditures by major program areas.
History of Section.
P.L. 1989, ch. 126, art. 51, § 1.
Terms Used In Rhode Island General Laws 23-19-37
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.