§ 16-69-3 Reports. Each year the board of regents for elementary and secondary education shallmake a report to the governor and the general assembly which shall include thefollowing:
(1) The percent of state support of public education for thelast completed fiscal year.
(2) The projected percent of state support for the currentfiscal year.
(3) The estimated percent of state support for the ensuingfiscal year.
(4) Recommended steps for the governor and the generalassembly to meet spending targets to achieve or maintain 60/40 state-localfunding.