17-37-7 - Annual report -- Financial statement. - Utah Statutes

17-37-7. Annual report -- Financial statement.
To the extent that independent accounting records are prepared and maintained by theplanetarium, the planetarium board of directors shall make, or in the case of a contracting entity,require that there be made, an annual report to the county executive and the county legislativebody on the condition and operation of the planetarium, including a financial statement. Thefinancial statement shall be prepared in accordance with generally accepted accounting principlesconsistently applied and shall be reviewed by the county auditor. The planetarium shall beincluded in the annual audit of the county conducted by an independent public accountant asrequired by Title 51, Chapter 2a, Accounting Reports from Political Subdivisions, InterlocalOrganizations, and Other Local Entities Act.

Amended by Chapter 71, 2005 General Session