1. (a) On or before the 10th day of each regular session of the General Assembly, the Comptroller shall submit to the Governor and, subject to § 2-1257 of the State Government Article, to the General Assembly an annual report on the fiscal operations of the State.

2. (b) The report shall state:

   1. (1) for the fiscal year in which the report is made:

      1. (i) the estimated State revenues; and
      2. (ii) the estimated State expenditures; and

   2. (2) for the preceding fiscal year:

      1. (i) the total State funds;
      2. (ii) the total State revenues;
      3. (iii) the amount of revenues that the State received from each source;
      4. (iv) the total State expenditures;
      5. (v) the purposes of the expenditures;
      6. (vi) each amount that the State claims is due from a political subdivision;
      7. (vii) each amount that the State claims is due from an officer of a political subdivision who, by law, collects revenues for the State;
      8. (viii) the total funds, from all State sources, that the State transferred to each political subdivision; and
      9. (ix) the amount of those transferred funds, as calculated for each $100 of assessed value of property in a political subdivision.

Added by Acts 1985, c. 11, § 2, eff. Oct. 1, 1985. Amended by Acts 1997, c. 635, § 9, eff. July 1, 1997; Acts 1997, c. 636, § 9, eff. July 1, 1997; Acts 2019, c. 510, § 4, eff. July 1, 2019; Acts 2019, c. 511, § 4, eff. July 1, 2019.

Formerly Art. 19, § 9.