The Authority’s fiscal year is the same as the City’s fiscal year. Annually, the Board of Directors must develop and, subject to the approval of the Board of Estimates, adopt a financial plan for the ensuing fiscal year. The financial plan for each fiscal year:must contain the Authority’s proposed plan for both operations and capital expenditures in that fiscal year; and may include a narrative of initiatives to be undertaken by the Authority in its effort to develop parking projects and demand management strategies. At least 2 months before the start of a new fiscal year, the Board of Directors must submit its proposed financial plan and all background material to the Board of Estimates for its review and approval. Within 6 months after the end of each fiscal year, the Authority must publish and make available to the public an annual report that summarizes, in a non-technical, readable format:the Authority’s activities during the preceding fiscal year; the Authority’s future plans ; and the Authority’s consideration and use of demand management strategies and the effectiveness of those strategies in reducing the need for new parking. Ord. 00-071