Section 50837 Of Article 2. Organization, Powers, And Duties Of The Board From California Government Code >> Division 1. >> Title 5. >> Part 1. >> Chapter 4. >> Article 2.

. The board shall make an annual report in June to the legislative body of the local agency. The report shall state:
  (a) The condition of the fund.
  (b) The receipts and disbursements on account of the fund.
  (c) A list of the beneficiaries of the fund and the amounts paid them.