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The governing board shall file with the city council not later than October 15th of each year an account of the following:

A. The amount of fees received by the governing board in the preceding fiscal year (July 1st through June 30th).

B. The facilities leased, purchased or constructed during the previous fiscal year and the amount expended for the facilities.

C. The attendance areas which will continue to be overcrowded in the current school year, and those which are no longer overcrowded.

D. A schedule specifying how the governing board will use fees or land acquired pursuant to this chapter to relieve overcrowding, the sites to be used, the facilities to be acquired and the times when the facilities will be available. (Ord. 2780 § 1, 1982)