(a) Within the first ninety (90) days of each calendar year, each public body under this subchapter shall make a written report to the governing bodies of the participating public agencies concerning its activities for the preceding calendar year.
(b) Each report shall set forth a complete operating and financial statement covering its operation during the year, including without limitation an audit of the public body's revenues and expenses performed by an independent certified public accountant.
Structure Arkansas Code
Chapter 20 - Interlocal Cooperation Act
Subchapter 5 - Consolidated Wastewater Systems
§ 25-20-503. Contributions of public agency properties
§ 25-20-504. Board of commissioners
§ 25-20-505. Powers and duties of board of commissioners
§ 25-20-506. General powers of public body
§ 25-20-507. Operation of consolidated wastewater system
§ 25-20-508. Out-of-area sales and services
§ 25-20-510. Improvements — Financing with bonds
§ 25-20-511. Lien in favor of bondholders
§ 25-20-513. Securing deposit of public funds
§ 25-20-514. No personal liability
§ 25-20-515. Sewer payments by public agencies
§ 25-20-517. Tax-exempt status of property owned and income
§ 25-20-520. Payments in lieu of taxes
§ 25-20-521. Annual report and audit