MN SF68

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

Required annual 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.

Counties must submit financial information in six-month increments corresponding to state and local fiscal years, using the form, manner, and schedule prescribed by the commissioner of transportation.

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