Metropolitan Council transportation services financial reporting requirements consolidation and modification

This bill updates financial reporting requirements for the Metropolitan Council's transportation services. It requires the Council to submit detailed annual financial reviews by January 15 and updated reports by August 15, comparing budgeted vs. actual revenues and expenditures. The reports must break down funding sources (like federal funds, fares, and property taxes) and spending categories (including bus, light rail, and commuter rail services). These changes apply to the Metropolitan Council and the counties of Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington.