Tennessee Code 64-1-1105 – Annual reports
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Terms Used In Tennessee Code 64-1-1105
- 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.
- Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105
The board of directors of the authority shall report annually as of June 30 of each fiscal year to the governing bodies of the various counties, cities and towns in the area that have contributed financially to the operation of the authority. Such reports shall include statements of financial receipts and expenditures, and a summary of activities and accomplishments for the period and proposed plans for the next fiscal year and for subsequent years.