Mo. Code Regs. tit. 15 § 40-3.030
Current through Register Vol. 49, No. 18, September 16, 2024
Section 15 CSR 40-3.030 - Annual Financial Reports of Political SubdivisionsPURPOSE: This amendment corrects the email address to which apolitical subdivision sends its annual financial report as required by section 105.145, RSMo 2022.
(1) An annual financial report shall be filed with the State Auditor's Office by every political subdivision. The annual financial report shall be set forth on the financial report form available from the State Auditor's Office and on its website, or may be in a form determined by the political subdivision which shall contain, as a minimum, the following: (A) The balance at the beginning of the reporting period of each fund;(B) A summary of the receipts during the reporting period of each fund;(C) A summary of the disbursements during the reporting period of each fund;(D) The balance at the end of the reporting period of each fund;(E) A statement of the bonded indebtedness at the beginning and end of the reporting period; and(F) The property tax rate levied for each fund expressed in cents per one hundred dollars ($100) assessed valuation.(2) In lieu of filing an annual financial report, a political subdivision may file an independent audit report prepared by a certified public accountant which, at a minimum, must contain the items listed in section (1) above.(3) Notwithstanding any other provision of this rule, a political subdivision whose cash receipts for the reporting period are ten thousand dollars ($10,000) or less may file an annual financial report in a form determined by the political subdivision which need only contain the following:(A) The cash balance at the beginning of the reporting period of each fund;(B) A summary of cash receipts during the reporting period of each fund;(C) A summary of cash disbursements during the reporting period of each fund; and(D) The cash balance at the end of the reporting period of each fund.(4) The annual financial report shall be mailed to the State Auditor's Office at PO Box 869, Jefferson City, MO 65102, or emailed to Local Government@auditor.mo.gov.(5) An unaudited annual financial report shall be submitted within six (6) months after the end of the political subdivision's fiscal year; an audit report prepared by a certified public accountant shall be submitted within six (6) months after the end of the political subdivision's fiscal year; any such reports due between August 28, 2015, and November 30, 2015, may be filed on or before December 31, 2015. AUTHORITY: section 105.145, RSMo Supp. 2011.* Original rule filed Oct. 13, 1983, effective Jan. 13, 1984. Amended: Filed June 29, 2006, effective Jan. 30, 2007. Amended: Filed March 1, 2012, effective Aug. 30, 2012. Amended by Missouri Register March 02, 2015/Volume 40, Number 05, effective 4/30/2015Amended by Missouri Register February 1, 2016/Volume 41, Number 03, effective 3/31/2016Amended by Missouri Register October 16, 2023/volume 48, Number 20, effective 11/30/2023.*Original authority: 105.145, RSMo 1965, amended 1983, 2009.