Public Notice Guide: Port and Martitime Matters
Annual financial statement
54-3-1040
The South Carolina State Ports Authority is required to publish a detailed notice of all money received and disbursed by the Authority during the preceding year. A statement should also be included showing the several sources that funds were received from and the balance on hand at the time of placement. The notice is to be placed once a year in a newspaper published in Charleston County.
Section | Notice | Where | When |
|---|---|---|---|
54-3-1040 | An annual notice by the South Carolina State Ports Authority giving a complete statement on money received and disbursed by the authority along with the several sources that funding came from and the balance on hand at the time of placement | A newspaper published in Charleston County | Annually |
Exact wording:
“At least once each year the authority shall furnish the Governor, the Chairmen of the Senate Transportation Committee and the House of Representatives Ways and Means Committee and conspicuously post on the authority’s Internet website, a complete detailed statement of all monies received and disbursed by the authority during the preceding year. Such statement also shall show the several sources from which such funds were received and the balance on hand at the time of publishing the statement and shall show the complete financial condition of the authority.”
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