Michigan Laws 453.341 – Report; contents
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When an association, organized for the purpose of holding agricultural or other fairs or exhibitions in this state, receives a grant of public money from the state, or a county, city, village, or township, in aid of the fair or exhibition, the secretary of the association shall make a report of the fiscal transactions of the association covering the fiscal year including the receipts and expenditures relating to the annual fair or exhibition. The report shall consist of the following categories:
(a) Revenues.
Terms Used In Michigan Laws 453.341
- 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.
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
(b) Salaries.
(c) Prize moneys disbursed.
(d) Improvements.
(e) New equipment and property purchased.
(f) Other expenditures.
(g) Balance of funds in the treasury of the association.