Minnesota HF2204 modifies financial reporting requirements for the Metropolitan Council's transportation services.

Minnesota HF2204 amends financial reporting requirements for the Metropolitan Council's transportation services. The bill requires the council to adopt a final budget by December 20 each year, detailing anticipated receipts and disbursements. It mandates annual financial reviews by January 15 and August 15, providing detailed revenue and expenditure information. The council must also submit a financial review update by August 15, including budgeted and forecasted revenues, expenditures, transfers, reserves, and balances.

Minnesota HF2204 modifies financial reporting requirements for the Metropolitan Council's transportation services.

Minnesota HF2204 amends financial reporting requirements for the Metropolitan Council's transportation services. The bill requires the council to adopt a final budget by December 20 each year, detailing anticipated receipts and disbursements. It mandates annual financial reviews by January 15 and August 15, providing detailed revenue and expenditure information. The council must also submit a financial review update by August 15, including budgeted and forecasted revenues, expenditures, transfers, reserves, and balances.