§ 45-10-6 Contents of audit report. –The audit report referred to in this chapter shall include for each fund of thecity or town and for each public industry maintained or operated by the city ortown:
(1) Financial statements for the fiscal year prepared inaccordance with the reporting requirements prescribed in § 45-10-5.1,together with the auditor's report thereon;
(2) A statement as to uncollected taxes outstanding at theclose of the last fiscal year according to the years for which the taxes wereassessed;
(3) A statement as to debts incurred during the last fiscalyear which were unpaid at the end of the year;
(4) Statements as to each public industry maintained oroperated by the city or town of expenditures for construction and for equipmentfor that year;
(5) A statement of the public debt evidenced by notes, bonds,or other evidences of indebtedness, issued and outstanding of the city or townshowing as to each item of public debt the authorization date of the debt, thepurpose for which authorized, the amount authorized, the date of issue, andamount issued, the interest rate, the amount owing on account of the debt atthe close of the fiscal year, and the amount, if any, at that time of thesinking fund established for the retirement of the debt;
(6) A statement of the sinking funds for the payment of thepublic debt of the city or town, showing how these funds are constituted andinvested at the close of the fiscal year; and
(7) Suggestions developed during the course of the audit forimprovements in procedures and controls.
§ 45-10-6 Contents of audit report. –The audit report referred to in this chapter shall include for each fund of thecity or town and for each public industry maintained or operated by the city ortown:
(1) Financial statements for the fiscal year prepared inaccordance with the reporting requirements prescribed in § 45-10-5.1,together with the auditor's report thereon;
(2) A statement as to uncollected taxes outstanding at theclose of the last fiscal year according to the years for which the taxes wereassessed;
(3) A statement as to debts incurred during the last fiscalyear which were unpaid at the end of the year;
(4) Statements as to each public industry maintained oroperated by the city or town of expenditures for construction and for equipmentfor that year;
(5) A statement of the public debt evidenced by notes, bonds,or other evidences of indebtedness, issued and outstanding of the city or townshowing as to each item of public debt the authorization date of the debt, thepurpose for which authorized, the amount authorized, the date of issue, andamount issued, the interest rate, the amount owing on account of the debt atthe close of the fiscal year, and the amount, if any, at that time of thesinking fund established for the retirement of the debt;
(6) A statement of the sinking funds for the payment of thepublic debt of the city or town, showing how these funds are constituted andinvested at the close of the fiscal year; and
(7) Suggestions developed during the course of the audit forimprovements in procedures and controls.
§ 45-10-6 Contents of audit report. –The audit report referred to in this chapter shall include for each fund of thecity or town and for each public industry maintained or operated by the city ortown:
(1) Financial statements for the fiscal year prepared inaccordance with the reporting requirements prescribed in § 45-10-5.1,together with the auditor's report thereon;
(2) A statement as to uncollected taxes outstanding at theclose of the last fiscal year according to the years for which the taxes wereassessed;
(3) A statement as to debts incurred during the last fiscalyear which were unpaid at the end of the year;
(4) Statements as to each public industry maintained oroperated by the city or town of expenditures for construction and for equipmentfor that year;
(5) A statement of the public debt evidenced by notes, bonds,or other evidences of indebtedness, issued and outstanding of the city or townshowing as to each item of public debt the authorization date of the debt, thepurpose for which authorized, the amount authorized, the date of issue, andamount issued, the interest rate, the amount owing on account of the debt atthe close of the fiscal year, and the amount, if any, at that time of thesinking fund established for the retirement of the debt;
(6) A statement of the sinking funds for the payment of thepublic debt of the city or town, showing how these funds are constituted andinvested at the close of the fiscal year; and
(7) Suggestions developed during the course of the audit forimprovements in procedures and controls.
