41-4604

41-4604. Debt reporting by local government

A. All local governments shall report to the department of revenue all incurred debt, including date of issue, purpose, original amount, current balance, interest paid to date and interest paid in the latest full fiscal year according to a schedule determined by the department of revenue.

B. The department of revenue shall maintain an online accessible and searchable database and, subject to approval by the joint legislative budget committee, may require additional information not listed in this section.