Plain English Breakdown
Checked against official source text during the last sync.
Municipalities Must Post Monthly Financial Reports
This act requires municipalities to post monthly financial reports on their websites in PDF and CSV formats.
What This Bill Does
- Defines 'municipality', 'portable document format', and 'comma-separated value format'.
- Requires each municipality to publish a report about revenue and expenses every month starting January 15, 2027.
- Specifies that the reports must include budget allocations, expenditures, projected revenues, and actual received revenues for each department or office.
- Mandates that these reports be available in both PDF and CSV formats on the municipality's website.
Who It Names or Affects
- All municipalities
- Website visitors looking at municipal financial information
Terms To Know
- Portable document format (PDF)
- A file type that allows documents to be viewed and printed consistently across different devices.
- Comma-separated value format (CSV)
- An electronic file format used for storing data in a simple text format, making it easy to search and analyze.
Limits and Unknowns
- The bill does not specify what happens if a municipality fails to post the required reports.
- It is unclear how often these financial reports will be updated or revised after initial posting.