The authority, no later than March 1 of each year, shall submit to the Legislature a report of its activities for the preceding calendar year ended December 31. Such report shall include (1) a listing of the applications received, (2) a listing of the applications accepted for financing, (3) a specification of bonds sold, interest rates thereon, and whether bond sales were pursuant to public bid or were negotiated, (4) a specification of the amount of bonds authorized but currently unsold, (5) a projection of the authority`s needs and requirements for the coming year, and (6) a report of revenues and expenditures for the preceding fiscal year.
