Cal. Government Code § 62255
Cal. Government Code § 62255
California · California Government Code · Status: effective · Effective 2019-01-01
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- Citation
- Cal. Government Code § 62255, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/850602
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Full text
Commencing in the calendar year in which the authority has allocated a cumulative total of more than one million dollars ($1,000,000) in property tax increment revenues pursuant to subdivision (a) of Section 62253 or other revenues pursuant to subdivision (b) of Section 62253, including any proceeds of a debt issuance, and each year thereafter, the authority shall contract for an independent audit conducted in accordance with generally accepted governmental auditing standards.