Utah Admin. Code R23-5-10 - Reporting Requirements
(1) The
five-year building plan published annually by the director shall include a
summary report on the statewide contingency reserve and the project reserve.
This report shall include information on each reserve summarized as follows for
the most recently completed fiscal year:
(a)
beginning balance;
(b) increases
and decreases by type; and
(c)
ending balance.
(2) At
least annually, the division shall analyze the balance in each reserve and the
projected needs based on already approved projects and determine if the balance
is more than or less than the projected need. The results of this analysis
shall be reported to the Legislature in its regular session.
(3) The division shall report regularly to
the executive director of the Department of Government Operations on the status
of the statewide contingency reserve and the project reserve.
Notes
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