2006 Utah Code - 51-7-9.5 — State School Fund report.

     51-7-9.5.   State School Fund report.
     (1) The state treasurer shall prepare a report at the end of each fiscal year on the State School Fund created in Utah Constitution Article X, Section 5.
     (2) The report shall include the following information:
     (a) the name of each asset within the fund and the fair market value of each asset as of June 30;
     (b) the amount and date of each contribution to the fund during the fiscal year;
     (c) a balance sheet for the most recently completed fiscal year and the previous fiscal year;
     (d) the fund's internal rate of return for the previous year, three years, and five years;
     (e) a summary of the asset allocation policy for the fund;
     (f) a description of the fund income, including amounts distributed and amounts retained; and
     (g) expenses in dollars and as a percent of fund assets.
     (3) The state treasurer shall submit the report to the Education Interim Committee by October 1 of each year.

Enacted by Chapter 237, 2002 General Session