Section 3 AAC 180.020 - Reports to the department by municipalitiesIn addition to meeting the requirements of 3 AAC 180.110 that apply to a municipality, and before the department makes a community assistance payment to a municipality, the municipality must submit
(1) maps and descriptions of all annexed or detached territory as required under AS 29.20.640(a)(1);(2) if the municipality is a borough, unified municipality, or first class city, a copy of the annual audit reviewed by a certified public accountant licensed under AS 08.04, as required under AS 29.20.640(a)(2);(3) if the municipality is a second class city and is required under state or federal law to submit an audit, a copy of that audit reviewed by a certified public accountant licensed under AS 08.04, as required under AS 29.20.640(a)(2); otherwise, a second class city must · submit a statement of annual income and expenditures approved by the governing body, as required under AS 29.20.640(a)(2);(4) tax assessment and tax levy figures for the most recently completed annual budget cycle as required under AS 29.20.640(a)(3);(5) a copy of the current annual budget of the municipality as required under AS 29.20.640(a)(4);(6) as required under AS 29.20.640(a)(5), a summary of the optional property tax exemptions authorized together with the estimate of the revenues lost to the municipality by operation of each of the exemptions; and(7) a copy of the taxpayer notices required under AS 29.45.020 and 29.45.660. Eff. 5/15/2008, Register 186; am 10/8/2008, Register 188; am 12/22/2017,Register 224, January 2018Authority:AS 29.20.640
AS 29.45.020
AS 29.45.660
AS 29.60.850
AS 29.60.865
AS 44.33.020