The corporation shall submit to the governor, the president of the senate, the speaker of the house, and the chief elected official of the towns of North Kingstown, East Greenwich, and Jamestown, and of any other town or city in which the corporations owns or manages real property, within six (6) months after the close of its fiscal year, a complete and detailed report setting forth: (a) its operations and accomplishments; (b) its receipts and expenditures during the fiscal year in accordance with the categories and classifications established by the corporation for its operating and capital outlay purposes including a listing of all private consultants engaged by the corporation on a contract basis and a statement of the total amount paid to each private consultant; (c) its assets and liabilities at the end of its fiscal year including a schedule of its leases and mortgages and the status of the reserve, special or other funds; and (d) its strategic plan and operating plan for the current fiscal year and proposed for the next fiscal year; and (e) a general statement of needs and opportunities relevant to its purposes. The reports required by subsections (b) and (c) of this section shall be prepared by independent certified public accountants in accordance with generally accepted principles of accounting.
History of Section.
P.L. 2004, ch. 351, § 3; P.L. 2004, ch. 360, § 3.