596

It shall be the duty of the Corporation to submit, within ninety (90) days after the close of each fiscal year, an annual report [to the Governor and to the Legislature] that shall include:(a) The total available funds, detailing their source, including those proceeding from donations received and from the interest accrued on account of the investment of the moneys of the fund allowed by this chapter.(b) The financial support, tax credits, incentives, donations, financing and other incentives authorized and granted during the term comprised by the report, stating the natural persons, nonprofit organizations, partnerships, associations or groups to which the same have been granted.(c) A breakdown of the total investments made by the fund during the term comprised by said report.(d) The balance of the available moneys in the fund for the term following [the] report.(e) The number of production proposals approved and those currently under consideration and evaluation for the corresponding term of the report.(f) A detailed list of all the transactions conducted, including contracts, disbursements and financial commitments assumed by the corporation during the preceding fiscal year.(g)

term of the report.(f) A detailed list of all the transactions conducted, including contracts, disbursements and financial commitments assumed by the corporation during the preceding fiscal year.(g) Financial statements audited by an authorized public accounting firm, prepared according to the generally accepted accounting principles for government entities.(h) A status and progress report of all its activities since the creation of the Corporation or since the date of the last annual report.(i) A report detailing the total number of requests submitted, those that were evaluated, those that were granted financing or other type of financial incentive. Said report shall include the total amount of financing requested, the name of the individual or entity submitting the request, and the amount of financing granted, as well as the status of the income received as payments for reimbursement to the fund on account of the films produced. History —Aug. 17, 2001, No. 121, § 5.01.