1. Each local government that enters into a performance contract pursuant to NRS 332.300 to 332.440, inclusive, shall, on or before February 1 of each year, prepare and submit a report to the Director of the Legislative Counsel Bureau for transmittal to the Legislature.
2. The report required pursuant to subsection 1 must include, without limitation:
(a) The status of the construction and financing of the operating cost-savings measures described in the performance contract.
(b) The cumulative amount of operating cost-savings that have resulted from the operating cost-savings measures.
(c) The amount of operating cost-savings that are projected for the future.
(d) Any other information required by the Legislature.