HB256 Alabama 2022 Session

Updated May 16, 2022

House Bill

Enacted

Current Status

Regular Session 2022

Session

Sponsor

Summary

Primary Sponsor: Prince Chestnut Representative
Democrat
Session: Regular Session 2022
Title: Municipal Audit Clarification Act, annual or biennial audit or annual report in lieu of audit, based on annual expenditures of municipality, Sec. 11-43-85 am'd.
Description: Under existing law, the mayor of a city or town, at least once a year, is required to appoint an independent public accountant or the Department of Examiners of Public Accounts to conduct an examination of all books and accounts of the city or town since the preceding examination and to make a full report of the audit to the city council upon completion of the report.
In lieu of the existing requirements, this bill would require the mayor or city manager of a municipality with certain annual expenditures to cause to be conducted an annual or biennial audit of the financial affairs and transactions of the municipality and to make an annual or biennial report of the audit to the city council upon completion of the report.
This bill would also permit the mayor or city manager of a municipality with certain annual expenditures to provide a report of agreed upon procedures in lieu of a biennial audit report.
Subjects: Municipalities