MN HF4532

Metropolitan counties that impose the transportation sales and use tax must annually submit to the commissioner of transportation information covering the three most recently completed fiscal years.

Required reporting includes a project overview, future funding commitments, total revenues and expenditures, expenditure breakdowns by capital/operating costs and transportation mode, and outstanding debt obligations.

County reports must be submitted in the form and schedule prescribed by the commissioner of transportation, with financial information provided in six-month increments corresponding to state and local fiscal years.

The commissioner of transportation must compile all county-submitted information and submit a consolidated report by February 15 annually to legislative committees with jurisdiction over transportation policy and finance.