# § 5-3 Annual report.

Current through 2026-07-17. Source: City of Balt., Md., Ord. 26-129. Published by the Baltimore City Department of Legislative Reference.

## § 5-3 Annual report.

Balt., Md., Code art. 27, § 5-3 (2026)

(a) After the close of each fiscal year, a report on the financial operations of the stormwater utility shall be:

  (1) submitted to the Board of Estimates, the Board of Finance, and the members of the City Council;

  (2) filed with the Department of Legislative Reference; and

  (3) posted by the Department of Public Works on its website.

(b) The report shall contain at least:

  (1) the following financial statements:

    (i) a comparative statement of operating and capital revenues and expenditures and of net assets showing the financial conditions of the utility as of the beginning and close of the fiscal year;

    (ii) a comparative statement of operating and capital budgets and of revenues, expenses, and changes in net assets for the last 2 fiscal years; and

    (iii) a comparative statement of cash flow for the last 2 fiscal years; and

  (2) performance outcomes.

(c) The report required by this section:

  (1) in addition to any other report required by law; but

  (2) may be submitted as a separate section of the statements provided for in <cite data-doc="City of Baltimore, Md., Charter" data-path="VII|§11">City Charter Article VII, § 11</cite> {“Department of Finance: accounting”}.

*History: Ord. 13-143*