Rhode Island General Laws 45-60-5. Annual report
At the end of each fiscal year which is defined to begin on July 1 and continue through June 30 of each year, the board shall submit a report concerning its activities to the town council. More frequent reports may be given as requested. The report shall include, but not be limited to, the following:
(1) A list and description of activities funded by the board during the preceding year;
(2) A list of taxes and/or contributions received by the board, whatever their form or nature, and the source of the taxes and/or contributions, unless anonymity is a condition of a particular contribution. The record of individual payments shall be kept confidential, as are sales and income tax records;
(3) A full report of the board’s activities;
(4) Fund statements will be audited annually by a certified public accounting firm engaged by the housing board.
History of Section.
P.L. 2002, ch. 45, § 1; P.L. 2002, ch. 51, § 1; P.L. 2005, ch. 355, § 1; P.L. 2005, ch. 435, § 1.
Terms Used In Rhode Island General Laws 45-60-5
- 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.
- town council: include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9