11-58-805. Audit report.
(1) The authority shall, within 180 days after the end of the authority's fiscal year, file a copy of the audit report with the county auditor, the State Tax Commission, the State Board of Education, and each taxing entity that levies a tax on property from which the authority collects property tax differential.
(2) Each audit report under Subsectionshall include: (1) the property tax differential collected by the authority; the outstanding principal amount of bonds issued or other loans incurred to finance the costs associated with the authority's projects; and the actual amount expended for: acquisition of property; site improvements or site preparation costs; installation of public utilities or other public improvements; and administrative costs of the authority.