Maine Revised Statutes Title 23 Sec. 4431 – Report to Legislature; departmental review of certain fiscal items
Current as of: 2023 | Check for updates
|
Other versions
1. Annual report. Beginning January 1, 2023, on an annual basis, the Maine Port Authority shall present a report of the authority’s activities for the preceding fiscal year, including a report of its receipts and expenditures from all sources and a description of progress toward its strategic goals, to the Legislative Council and send copies to the joint standing committee of the Legislature having jurisdiction over transportation matters and to the Commissioner of Transportation.
[PL 2021, c. 555, §7 (NEW).]
Terms Used In Maine Revised Statutes Title 23 Sec. 4431
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72
2. Budget and fiscal items affecting department. Beginning May 1, 2023, on an annual basis, the executive director shall present the portions of the operating budget, the capital plans and all other fiscal items of the Maine Port Authority that affect the budgets, capital planning or work plans of the Department of Transportation for the next fiscal year to the Commissioner of Transportation for approval. The Maine Port Authority may make expenditures regarding such items only in accordance with allocations approved annually by the commissioner or in accordance with changes approved by the commissioner or the commissioner’s designee.
[PL 2021, c. 555, §7 (NEW).]
SECTION HISTORY
PL 2021, c. 555, §7 (NEW).