Michigan Laws 324.61607 – Report to legislature of expenditures
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Terms Used In Michigan Laws 324.61607
- 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.
- Fund: means the orphan well fund created in section 61602. See Michigan Laws 324.61601
- Supervisor: means the supervisor of wells as provided by part 615 or his or her designee. See Michigan Laws 324.61601
By December 31 of each year, the supervisor shall prepare and submit to the legislature a report that details expenditures from the fund for the preceding fiscal year.