Sec. 21. (a) Not later than April 15 of each year, a commission that administers a flood control improvement fund established under section 16 of this chapter shall file with the mayor and the fiscal body of the unit that established the commission a report setting out the commission's activities with regard to the flood control improvement fund during the preceding calendar year.
(b) The report required by subsection (a) must include the following:
(1) Revenues received.
(2) Expenses paid.
(3) Fund balances.
(4) The amount and maturity date of all outstanding obligations.
(5) The amount paid on outstanding obligations.
(6) A list of all the parcels included in the allocation area and the base assessed value and incremental assessed value for each parcel.
(c) The report filed under subsection (a) is a public record and must be made available for inspection to an owner of special flood hazard property that is located within the district for which the report is made.
(d) A copy of the report filed under subsection (a) must be submitted to the department of local government finance in an electronic format.
(e) The commission shall also provide a copy of the report filed under subsection (a) to the following:
(1) The board of public works that recommended the establishment of the district.
(2) A certified neighborhood association located within the boundaries of the district.
(f) The fiscal body of a unit, the department of local government finance, or the board of public works may post a copy of the commission's report on an Internet web site maintained by the fiscal body of the unit, the department of local government finance, or the board of public works.