Alabama Code 45-52A-35.13. Municipal Utilities Board – Publication of receipts and disbursements
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Alabama Code 45-52A-35.13
- 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.
Within 60 days after the end of each fiscal year of the board, the board shall make a publication in a newspaper published in the City of Decatur of a report showing the receipts and expenditures of money of the board, specifying generally the source from which received and the purpose for which expended. The publication shall also show the entire indebtedness of each public utility controlled by the board, of whatever kind and character, specifying particularly the amount of bonds outstanding, their character, and when due.