Section 53411 Of Article 1.5. Bond Accountability From California Government Code >> Division 2. >> Title 5. >> Part 1. >> Chapter 3. >> Article 1.5.

. The chief fiscal officer of the issuing local agency shall file a report with its governing body no later than January 1, 2002, and at least once a year thereafter. The annual report shall contain all of the following:
  (a) The amount of funds collected and expended.
  (b) The status of any project required or authorized to be funded as identified in subdivision (a) of Section 53410.