Compilation of Rules and Regulations of the State of Georgia
Department 110 - RULES OF GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS
Chapter 110-3 - OFFICE OF COORDINATED PLANNING
Subject 110-3-4 - ANNUAL AUTHORITY REGISTRATION AND FINANCIAL REPORTING
Rule 110-3-4-.04 - Report Submittal

(1) Required Format. Beginning with fiscal year 2018, each authority shall use the Annual Authority Registration and Financial Report reporting form provided for this purpose by the Department via the Department's website.

(2) Content. Each authority's report must reflect the revenues, expenditures, assets, liabilities and any other such information as may be indicated on the reporting form. Additionally, to the extent required by applicable statute, the report shall provide the necessary information to document completion of any obligatory training requirements for authority board members.

(3) Audited Data Preferred. Audited financial data should be used by all authorities that have a financial audit of their accounting records for the fiscal year being reported. Authorities that have not had an audit of their accounting records for the fiscal period being reported can complete the report using data compiled in a manner that is consistent with generally accepted governmental accounting principles and reporting standards.

(4) Submittal Method. The reporting form shall be filed electronically via the mechanism provided for this purpose by the Department via the Department's website.

(5) Deadline. Each authority shall report based on their fiscal-year-end date. Each authority's report is due within 6 months from the end of each authority's fiscal year end date.

(6) Process Extension. The Department of Community Affairs is authorized to extend the due date for submission of this report if the Department determines that extenuating circumstances prevented the authority from submitting by the required date.

(7) Noncompliance. An authority's failure to submit the Annual Authority Registration and Financial Report to the Department of Community Affairs for any of the three most recently completed fiscal years will result in the withholding of Department funds from that authority until the Department receives the authority's delinquent reports. Authorities with delinquent status will be published on the Department's website.