ยง 92. Annual report. The corporation shall during the month of January
  make  a  report  to  the  legislature  covering  the  activities  of the
  corporation with respect to the canal system for the preceding  calendar
  year  ending  December thirty-first, including therein details as to the
  tonnage transported upon the canals of the state, the condition  of  the
  canals,  and  the work and improvements connected therewith; the several
  amounts of moneys appropriated and expended during the preceding  fiscal
  year  and  submit  recommendations  of  such measures in relation to the
  canals as, in its judgment, the public interest requires.