Sec. 3.5. (a) Before January 1 of each year, the board of managers shall annually publish a financial report summarizing the income and expenses of the board of managers for the previous twelve (12) months.
(b) The report required by subsection (a) must be published two (2) times, one (1) week apart:
(1) with each publication of the report in a daily or weekly newspaper published in the English language and of general circulation in both Clark County and Floyd County; or
(2) with the first publication of the report in a newspaper described in subdivision (1) and the second publication of the report:
(A) in accordance with IC 5-3-5; and
(B) on the board's official website.
(c) Before January 1 of each year, the board of managers shall prepare a written report generally summarizing the board's activities for the previous twelve (12) months. The report shall be made available on a website maintained by the board of managers.