(1) At the end of each fiscal year, the board of trustees of the library shall present a report of the condition of the trust to the city council. This report shall be verified under oath by the secretary or some responsible person.
(2) It shall contain: An itemized statement of the various sums of money received from the library fund and other sources;
(3) A statement of the number of books and periodicals available for use and the number and character thereof circulated;
(4) A statement of the real and personal property received by devise, bequest, purchase, gift, or otherwise;
(5) A statement of the character of any extension of library service which may have been undertaken;
(6) A statement of the financial requirements of the library for the ensuing year; and
(7) Any other statistics, information, or suggestions that might be of interest.
(8) A copy of this report shall be filed with the State Library Board.