17-36-36 - Financial statements.
17-36-36. Financial statements.
The budget officer shall present to the governing body the following financial statementsprepared in the manner prescribed by the uniform system of budgeting, accounting, and reporting:
(1) A summary of cash receipts and disbursements for each fund or group of funds andfor each department within each fund reportable at the end of each month showing the cash andinvested balance at the beginning of the period, the total receipts collected during the period, thetotal disbursements made during the period and the cash and invested balance at the end of theperiod.
(2) Not less than once each quarter or more often if requested by the governing body, acondensed statement of revenues and expenditures and comparison with the budget of the generalfund and the allotments thereof, as reflected by the books of account.
(3) A comparative quarterly income and expense statement for each enterprise fundshowing a comparative analysis between the operations of such fund for the current fiscalreporting period and the same period in the previous year.
(4) A condensed statement of the operating and capital budget of each enterprise fundshowing revenues and expenses and balances compared with the budget for any period requestedby the governing body or required by the uniform system of budgeting, accounting and reporting.
(5) Any other statements of operations or reports on financial condition as the governingbody or the uniform system of budgeting, accounting, and reporting may require.
All financial statements made pursuant to this section shall be open for public inspectionduring regular business hours.
Amended by Chapter 73, 1983 General Session