Utah Code 17B-2a-1307. Reporting requirements
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(1) An infrastructure financing district shall submit an annual report, as provided in this section, to:
Terms Used In Utah Code 17B-2a-1307
- Infrastructure financing district: means a special district that operates under and is subject to the provisions of this chapter and Chapter 2a, Part 13, Infrastructure Financing Districts. See Utah Code 17B-1-102
- Municipality: means a city or town. See Utah Code 17B-1-102
- Property: includes both real and personal property. See Utah Code 68-3-12.5
- Public infrastructure and improvements: includes facilities, lines, or systems that provide:(6)(b)(i) sewer, storm drainage, natural gas, electricity, energy storage, renewable energy, microgrids, or telecommunications service;(6)(b)(ii) streets, roads, curb, gutter, sidewalk, solid waste facilities, parking facilities, or public transportation facilities; and(6)(b)(iii) green space, parks, trails, recreational amenities, or other similar facilities. See Utah Code 17B-2a-1301
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
- Unincorporated: means not included within a municipality. See Utah Code 17B-1-102
(1)(a) the state auditor;(1)(b) the clerk or recorder of each municipality in which the infrastructure financing district is located; and(1)(c) the clerk of the county in which the infrastructure financing district is located, if all or part of the infrastructure financing district is located in an unincorporated area of the county.
(2) A report required under Subsection (1) shall:
(2)(a) be filed no later than May 31 of each year; and
(2)(b) report, for the preceding calendar year:
(2)(b)(i) if applicable, the amount of property tax revenue the infrastructure financing district received;
(2)(b)(ii) the amount of money the infrastructure financing district received from assessments levied in an assessment area designated under Title 11, Chapter 42, Assessment Area Act;
(2)(b)(iii) the outstanding principal of any assessment bonds issued or other debt incurred by the infrastructure financing district;
(2)(b)(iv) the amount spent for site improvement or site preparation costs, the installation of public infrastructure and improvements, and administrative costs;
(2)(b)(v) any boundary change of the infrastructure financing district; and
(2)(b)(vi) the number of residential housing units constructed within the infrastructure financing district.