17-5-1650. Annual report.
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17-5-1650 . Annual report.
(1)By December 31 of each year, the board shall publish a financial report for distribution to the governor, the legislature, and the public. Except as provided in subsection (2), distribution to the legislature is accomplished by providing a copy to a legislator on request.
(2)Subject to 5-11-222 (5), a report demonstrating the requirements of subsections
(1)and
(3)must be provided to the legislature in accordance with 5-11-210 .
(3)The report must include:
(a)a statement of the board's current financial position with respect to its activities under this part;
(b)a summary of its activities pursuant to this part during the previous year including:
(i)a listing of the eligible governmental securities purchased by the board;
(ii)a listing of the bonds and notes sold by the board; and
(iii)a summary of the performance of any other investments of the board's funds received under this part;
(c)an estimate of the levels of activities for the next year; and
(d)a comparison of the activities during the previous year with the estimates of those activities that were made in the previous annual report.