Statute · California Government Code

Cal. Gov't Code § 66705 — Financial Provisions

Cal. Gov't Code § 66705

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2009-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) The board shall provide for regular audits of the authority’s accounts and records and shall maintain accounting records and shall report accounting transactions in accordance with generally accepted accounting principles adopted by the Government Accounting Standards Board of the Financial…

Citator

Cal. Gov't Code § 66705 — Financial Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The board shall provide for regular audits of the authority’s accounts and records and shall maintain accounting records and shall report accounting transactions in accordance with generally accepted accounting principles adopted by the Government Accounting Standards Board of the Financial Accounting Foundation for both public reporting purposes and for reporting of activities to the Controller.

(b) The board shall provide for annual financial reports. The board shall make copies of the annual financial reports available to the public.