Rhode Island § 45-59.1-15 § 45-59.1-15. Reports.

Rhode Island Statutes

§ 45-59.1-15 — § 45-59.1-15. Reports.

Rhode Island § 45-59.1-15

Title 45Towns and cities

Ch. 45-59.1Tourism Improvement Districts

This text of Rhode Island § 45-59.1-15 (§ 45-59.1-15. Reports.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 45-59.1-15 (2026).

Text

§ 45-59.1-15. Reports.
(a) The owners' association shall cause to be prepared a report for each fiscal year,
            except the first year, for which assessments are to be levied and collected to pay
            the costs of the activities described in the report. The owners' association's first
            report shall be due ninety (90) days after the first year of operation of the tourism
            improvement district.
         
(b) The report shall be filed with the municipality and shall refer to the tourism improvement
            district by name, specify the fiscal year to which the report applies, and, with respect
            to that fiscal year, shall contai

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§ 45-59.1-15. Reports.

(a) The owners' association shall cause to be prepared a report for each fiscal year, except the first year, for which assessments are to be levied and collected to pay the costs of the activities described in the report. The owners' association's first report shall be due ninety (90) days after the first year of operation of the tourism improvement district.

(b) The report shall be filed with the municipality and shall refer to the tourism improvement district by name, specify the fiscal year to which the report applies, and, with respect to that fiscal year, shall contain all of the following information:

(1) The activities and improvements to be provided for that fiscal year.

(2) An estimate of the cost of providing the activities and improvements for that fiscal year.

(3) The method and basis of levying the assessments in sufficient detail to allow each business owner to estimate the amount of the assessment to be levied against his or her business for that fiscal year.

(4) The estimated amount of any surplus or deficit revenues to be carried over from a previous fiscal year.

(c) The municipality may approve the report as filed by the owners' association or may make recommendations for approval to the annual report within forty-five (45) days of receiving the annual report. The annual report shall be final and approved within ninety (90) days following its submission by the owners' association to the municipality.