1. The State Controller shall annually digest, prepare and report to the Governor and the Legislature: (a) A complete statement of the change from the immediately preceding fiscal year in: (1) The assets, liabilities and resources of the State; and (2) The amount of the expenditures and revenues for the programs provided by the State. (b) A full and detailed statement of the public debt. (c) A tabular statement showing separately the whole amount of each appropriation of money made by law, the amount paid under each of those appropriations, and the balance unexpended. (d) A tabular statement showing the amount of revenue collected from each county for the preceding year. 2. The State Controller may recommend such plans as he or she deems expedient for the support of the public credit, for promoting frugality and economy, and for the better management and more perfect understanding of the fiscal affairs of the State.
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