revenues, regardless of the source; and
(C) are owned, held, or administered by the participating state or local entity that isrequired to provide the record; and
(ii) is of the type or nature that should be accessible to the public via a website based onconsiderations of:
(A) the cost effectiveness of providing the information;
(B) the value of providing the information to the public; and
(C) privacy and security considerations;
(d) evaluate the cost effectiveness of implementing specific information resources andfeatures on the website;
(e) establish size or budget thresholds to identify those local entities that qualify asparticipating local entities as defined in this part, giving special consideration to the budget andresource limitations of an entity with a current annual budget of less than $10,000,000;
(f) require participating local entities to provide public financial information inaccordance with the requirements of this part, with a specified content, reporting frequency, andform;
(g) require a participating local entity's website to be accessible by link or other directroute from the Utah Public Finance Website if the participating local entity does not use the UtahPublic Finance Website; and
(h) determine the search methods and the search criteria that shall be made available tothe public as part of a website used by a participating local entity under the requirements of thispart, which criteria may include:
(i) fiscal year;
(ii) expenditure type;
(iii) name of the agency;
(iv) payee;
(v) date; and
(vi) amount.
(3) The board shall annually elect a chair and a vice chair from its members.
(4) (a) Except for a member appointed under Subsections (1)(c) and (h), each membershall serve a two-year term.
(b) When a vacancy occurs in the membership for any reason, the replacement shall beappointed for the remainder of the unexpired term.
(5) The board shall meet as it determines necessary to accomplish its duties.
(6) Reasonable notice shall be given to each member of the board before any meeting.
(7) A majority of the board constitutes a quorum for the transaction of business.
(8) A member may not receive compensation or benefits for the member's service, butmay receive per diem and travel expenses in accordance with:
(a) Section 63A-3-106;
(b) Section 63A-3-107; and
(c) rules made by the Division of Finance pursuant to Sections 63A-3-106 and63A-3-107.
Amended by Chapter 286, 2010 General Session