Documents needed for audit

The City Administrator shall furnish the following statements for audit by the 31st March of each year– (a) an annual abstract account of receipts and payments showing under the several heads and subheads the total of the receipts and payments in the year together with the balances at the beginning and the end-of the period. The abstract account includes only sums which have actually been received or paid within the period of the account; (b) a statement of the assets and the liabilities of the Council at the close of the year; (c) a statement of advances outstanding at the end of the year; (d) a statement of deposits outstanding at the end of the year; (e) a statement of investments showing the amount of stock held on the last day of the year together with the actual cost and the market value at that date; (f) a statement of the outstanding amount of funded debt or loans and of any accumulated sinking funds or repayments; (g) a statement of the expenditure for the year of works and other payments chargeable to loan (h) a statement of arrears of revenue at the end of the year; (i) a statement of all write-offs authorised during the year by categories, namely cash, stores and Belize City Council 147 other property, general cancellation of claims, and revenue, with a reference to the authority in each case.