Rhode Island Code of Regulations
Title 830 - Infrastructure Bank
Chapter 10 - Programs
Subchapter 40 - Municipal Resilience Program
Part 1 - Municipal Resilience Program Policies and Procedures
Section 830-RICR-10-40-1.10 - Loan Reporting Requirements

1. A copy of its Annual Audited Financial Statements in accordance with Generally Accepted Government Accounting Standards, annually within nine (9) months of end of fiscal year.

2. An annual analysis of Operating Revenues and Expenses with an emphasis on the status of the dedicated revenues and/or general revenues securing the Borrower Bond and operating expenses in excess of budget, annually within nine (9) months of the end of fiscal year if the Borrower Bond is not a general obligation Bond. If the Borrower Bond is a general obligation bond, paid from ad valorem taxes, unless included as part of the annual budget, an analysis of Borrower operating revenues and expenses and a comparison for the respective period, annually within nine (9) months of the end of the fiscal year.

3. A copy of the annual budget of the Borrower, within fifteen (15) days of its adoption.

4. An annual schedule of current and projected short term and long term debt service.

5. Copies of reports submitted to any other regulatory agency relating to the resiliency related infrastructure project(s) financed.

6. During the construction period, an accounting of the monthly disbursements relating to the project.

7. Other information or reports as and when the Bank may reasonably require.