What is an Annual Report?
Section 5. Annual Reporting and Work Plan [1]
(See M.S. Chapter 103D.351 and Minnesota Rules 8410.0150 for more information)
All Watershed Districts must prepare a yearly report of the financial conditions of the Watershed District, the status of all projects, the business transacted by the Watershed District and other matters affecting the interests of the Watershed District. In addition, the work plan for the next year must be included. A work plan designates program categories and work tasks or projects within each category each fiscal year.
Copies of the report must be provided to the BWSR, the Commissioner of the Department of Natural Resources and the director of the Division of Waters of the Department of Natural Resources. In addition, each Watershed District must have a yearly audit of its books completed by the state auditor or a public accountant.
Metropolitan area Watershed Districts’ annual reports must have financial, activity and audit reports.
The annual financial report must contain:
- the approved budget
- revenues
- expenditures
- a financial audit report or section
The annual activity report must contain:
- a list of the Watershed District’s board members, advisory committee members and board member vacancies at the end of the reporting year. This includes contact information
- a list of organization employees and consultants, along with mailing addresses and telephone numbers
- a review of the previous year’s goals and objectives and whether or not they were achieved
- a projected work plan for the next year, with goals and objectives
- a summary of the permits or variances issued and any enforcement action initiated by the Watershed District or its local units of government
- a summary of water quality monitoring data collected by the District or its local units of government
- an evaluation of the status of local plan adoption and implementation based upon a review of the previous year’s activities
- a summary of the Watershed District’s efforts to establish and/or monitor stormwater and drainage design performance standards
[1] Watershed District Handbook, Minnesota Association of Watershed Districts, November, 2005.