(a)(1) The Commission shall prepare an annual financial report.
(2) The annual financial report shall:
(i) include the financial statements of the Commission; and
(ii) be audited by an independent certified public accountant.
(3) The Commission shall make the audited annual financial report available for distribution to the public.
Summary financial report
(b)(1) After the audit is completed, the Commission shall publish a summary financial report consisting of a combined statement of revenues and expenditures for all funds:
(i) in at least one newspaper of general circulation published in Montgomery County; and
(ii) 1. in the newspapers officially designated by the Prince George's County government as newspapers of record; or
2. in the absence of a designation of a newspaper of record, in at least one newspaper of general circulation published in Prince George's County.
(2) The publication of the summary financial report shall carry appropriate references to the Commission's audited annual financial report.
Credits
Added by Acts 2012, c. 426, § 2, eff. Oct. 1, 2012. Amended by Acts 2013, c. 674, § 1, eff. July 1, 2013.
MD Code, Land Use, § 15-115, MD LAND USE § 15-115
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
