§ 101242 Annual District Financial Report

This law says the boss of a special district must write a money report every year. The report must show how much money the district made and spent, and how much it has left.

Key Takeaways

•The boss of a special district must write a money report every year.
•The report must show how much money came in, how much went out, and how much is left.
•The report must be done within 90 days after the end of the year.

Example

Imagine your local water district (the place that gives you water).

The boss of the water district has to write a report every year. The report must say how much money they got from water bills, how much they spent on pipes and workers, and how much money is left in their bank.

Within 90 days from and after the close of each fiscal year, the general manager shall prepare and file with the secretary of the district a financial report showing the result of the operations of the district for the preceding fiscal year and the financial status of the district on the last day thereof. (Added by Stats. 1971, Ch. 1161.)

This law says the boss of a special district must write a money report every year. The report must show how much money the district made and spent, and how much it has left.

Key Takeaways

•The boss of a special district must write a money report every year.
•The report must show how much money came in, how much went out, and how much is left.
•The report must be done within 90 days after the end of the year.

Example

Imagine your local water district (the place that gives you water).

Key Takeaways

Example

Key Terms

References

§ 101242 Annual District Financial Report

Key Takeaways

Example

Key Terms

References

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References