The authority shall report to the legislature and the governor by January 15 of each year. The report must include a complete operating and financial statement covering the authority's operations during the year, including amounts of income from all sources. The report must also include the authority's analysis of the interest rate subsidy provided to borrowers on loans made during the year. Books and records of the authority are subject to audit by the legislative auditor in the manner prescribed for state agencies.
1987 c 386 art 3 s 26; 2007 c 96 art 1 s 12
Structure Minnesota Statutes
Chapters 440 - 446A — Municipal Public Works
Chapter 446A — Public Facilities Authority
Section 446A.01 — Minnesota Public Facilities Authority Act.
Section 446A.02 — Definitions.
Section 446A.03 — Minnesota Public Facilities Authority.
Section 446A.04 — Powers; Duties; Program Administration.
Section 446A.051 — Project Financial Assistance.
Section 446A.07 — Clean Water Revolving Fund.
Section 446A.072 — Water Infrastructure Funding Program.
Section 446A.073 — Point Source Implementation Grants.
Section 446A.075 — Small Community Wastewater Treatment Program.
Section 446A.076 — Estimated Funding Needs.
Section 446A.081 — Drinking Water Revolving Fund.
Section 446A.083 — Methamphetamine Laboratory Cleanup Revolving Account.
Section 446A.085 — Transportation Revolving Loan Fund.
Section 446A.086 — State May Guarantee Governmental Unit Building Debt; Repayment.
Section 446A.087 — Credit Enhanced Bond Program.
Section 446A.09 — Report; Audit.
Section 446A.12 — Issuance Of Bonds.
Section 446A.13 — Tender Option.
Section 446A.14 — Interest Rate Swaps And Other Agreements.
Section 446A.16 — Money Of The Authority.
Section 446A.17 — Nonliability.
Section 446A.18 — Purchase And Cancellation By Authority.
Section 446A.19 — State Pledge Against Impairment Of Contracts.