HARRY HUGHES, Governor

657

(e) The treasurer or other authorized financial
officer of every county, municipal or public corporation,
special tax district, or other political subdivision of this
State, which is authorized to incur any indebtedness
redeemable from the proceeds of a general or special tax
[or], other levy, OR FEES OR CHARGES, shall file with the
Division of Fiscal Research, at least once in each year, a
comprehensive statement of the financial condition of the
county or other political subdivision. This statement
shall be in such form as prescribed by the Division of
Fiscal Research and shall disclose so much of the following
information concerning the financial condition of the county
or other political subdivision as may be applicable thereto:

(1)  The assessed valuation of all taxable and
tangible property;

(2)  The total indebtedness, divided into (i)
bonded indebtedness redeemable from the proceeds of general
and ad valorem taxes, (ii) self-liquidating bonded
indebtedness specifying the amount of the indebtedness for
each such self-liquidating project, and the source of
revenue for the liquidation of the indebtedness, (iii)
temporary or floating indebtedness, and/or obligations
incurred in anticipation of tax collections, (iv) current
bills payable, and (v) any contingent liabilities resulting
from the guaranty of any of the obligations of another
political subdivision or public corporation of this State;

(3)  A statement as to any sinking funds
maintained for the retirement of any bonded indebtedness or
other obligations showing the amount thereof, how the funds
are invested, and the obligations for which the sinking
funds are established;

(4)  The amount of the tax levy for the fiscal
year for which the statement is made, together with the
amount of the levy actually collected, itemizing separately
the amount of any special assessments levied and the amount
thereof collected;

(5)  The tax levies for the three fiscal years
next preceding the fiscal year for which the statement is
made together with the amounts of the uncollected taxes
still outstanding for each such fiscal year;

(6)  The population according to the most recent
federal census together with any official or unofficial
estimates of the population for the year in which the
statement is made;

(7)  The most recent copy of the local
subdivisions actuarial report on their pension system,
however, any county or municipal government that is a member
of the State pension system does not have to make such a
report; and