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Budget Summary FY2014

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Outside Section 112
Data Current as of:  9/11/2013




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Regional Transit Authority Annual Audit

SECTION 112.   Section 8 of chapter 161B of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by striking out subsection (g) and inserting in place thereof the following subsection:-

(g) The authority shall on or before October 1 of each year deliver to the chief financial and accounting officer of the department of transportation, the secretary of administration and finance, the state treasurer, the state comptroller, the regional advisory board, the house committee on ways and means,the senate committee on ways and means, the joint committee on transportation, the clerk of the senate and the clerk of the house of representatives a report of its operations for the preceding fiscal year, including a description of organization for the authority, its comprehensive program for mass transportation as most recently revised and its audited financial statements for the most recently completed fiscal year. The financial statements shall be audited in accordance with generally accepted auditing standards and government auditing standards issued by the Comptroller General of the United States. The financial statements shall include the opinion of the independent auditor thereon.