Financial statement to be submitted annually.

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  • (1) the revenues and expenditures for the last fiscal year;
  • (2) payment and discharge of the principal and interest of the indebtedness of the state;
  • (3) the current assets, liabilities, and reserves, surplus or deficit, and the debts and funds of the state;
  • (4) an estimate of the state's financial condition as of the beginning and the end of the period covered by the budget; and
  • (5) a complete analysis of lease with an option to purchase arrangements entered into by state agencies.




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