(a) Annual report. By January 1 of each year, the Resilience Authority shall provide a written report and audited financial statements prepared in accordance with accounting principles generally accepted in the United States, to the County Executive, the County Council, the Mayor of the City of Annapolis, and the Annapolis City Council on the activities and financial position of the Resilience Authority for and as of the end of the prior fiscal year.
(b) Report to State.
(1) Subject to paragraph (2) of this subsection, by January 1 of each year, the Resilience Authority shall submit a report in accordance with § 2-1257 of the State Government Article of the State Code to:
(i) the Senate Budget and Taxation, and Education, Health, and Environmental Affairs Committees; and
(ii) the House Appropriations, and Environment and Transportation Committees.
(2) The report required under paragraph (1) of this subsection shall include, at a minimum:
(i) a copy of the report required under subsection (a) of this section;
(ii) a description of the resilience infrastructure projects funded by the Resilience Authority; and
(iii) the sources of revenue for the resilience infrastructure projects undertaken by the Resilience Authority.
(c) Examination of books, accounts, and records. The County Controller, County Auditor, County Attorney, and City Manager, or their designees, may examine the books, accounts, and records of the Authority.
(Bill No. 31-21; Bill No. 23-23)