R.I. Gen. Laws § 46-24-8: Annual reports.

The board, during May of each year, shall submit to the councils of the participating cities and towns a report showing actual expenditures for the preceding ten (10) months, and the projected expenditures for the final two (2) months of its fiscal year, as well as a proposed budget for the next fiscal year. This annual report shall include, in addition, a request for any necessary contributions.