S.C. Code Regs. § § 12-730
Current through Register Vol. 48, No. 11, November 22, 2024
Section 12-730 - State of South Carolina Comprehensive Annual Financial ReportA. Description: Agency copies of published reports generated by the Comptroller General's Office and used to provide a comprehensive analysis of the financial activities and fiscal status of state government during the reporting period (fiscal year). Information contained in the report includes an introductory section, general purpose financial statements (overview), and a section titled Combining Financial Statements which includes information on special revenue funds, internal service funds, and fiduciary funds. Also included in the report is a statistical section which contains information concerning state expenditures, revenues, income and sales tax rates, demographic statistics, and net general obligation bonds and notes per capita. The report is generated annually for the fiscal year according to generally accepted accounting principles and distributed by the Comptroller General's Office. Copies of this series are scheduled to be retained permanently by the State Archives through the Comptroller General's Office.B. Retention: 3 years; destroy.Added by State Register Volume 17, Issue No. 6, eff June 25, 1993.