Alabama Code 11-50-501. Annual report
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Terms Used In Alabama Code 11-50-501
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- preceding: means next before. See Alabama Code 1-1-1
- property: includes both real and personal property. See Alabama Code 1-1-1
Said board shall make an annual report to the governing body of the municipality, showing in detail the receipts and expenditures for its preceding fiscal year, the physical condition of the property under the care of said board, and any other matters of public interest connected with said board.