CODING: Words stricken are deletions; words underlined are additions.
SENATE AMENDMENT
Bill No. SB 2002
Amendment No. 1
CHAMBER ACTION
Senate House
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11 The Committee on Comprehensive Planning, Local and Military
12 Affairs recommended the following amendment:
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14 Senate Amendment (with title amendment)
15 On page 4, lines 8-22, delete those lines
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17 and insert:
18 5.a. Each of the following governmental entities must
19 have an annual financial audit of its accounts and records
20 completed within 12 months after the end of its fiscal year by
21 an independent certified public accountant retained by it and
22 paid from its public funds:
23 (I) Any municipality with revenues or expenditures in
24 excess of $250,000;
25 (II) Any special district with revenues or
26 expenditures in excess of $50,000;
27 (III) Each county;
28 (IV) Each district school board; and
29 (V) Any municipality with revenues or expenditures
30 between $100,000 and $250,000 that has not had a financial
31 audit pursuant to this subparagraph within the last three
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SENATE AMENDMENT
Bill No. SB 2002
Amendment No. 1
1 years.
2 b. Each local governmental entity that is not required
3 to have an audit pursuant to this subparagraph must submit a
4 copy of its financial statements prepared pursuant to s.
5 218.321 to the Auditor General within 12 months after the end
6 of its fiscal year. Any local governmental entity that fails
7 to submit its financial statements in accordance with this
8 subparagraph is subject to the penalty provisions prescribed
9 in subparagraph 11. If by July 1 in any fiscal year a district
10 school board or local governmental entity has not been
11 notified that a financial audit for that fiscal year will be
12 performed by the Auditor General pursuant to subparagraph 3.,
13 each municipality with either revenues or expenditures of more
14 than $100,000, each special district with either revenues or
15 expenditures of more than $50,000, and each county agency
16 shall, and each district school board may, require that an
17 annual financial audit of its accounts and records be
18 completed, within 12 months after the end of its respective
19 fiscal year, by an independent certified public accountant
20 retained by it and paid from its public funds.
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24 And the title is amended as follows:
25 On page 1, lines 5 through 10, delete those lines
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27 and insert:
28 a municipality is required to have an annual
29 financial audit of its accounts and records
30 conducted by an independent certified public
31 accountant; requiring certain municipalities to
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SENATE AMENDMENT
Bill No. SB 2002
Amendment No. 1
1 have financial audits; requiring local
2 governmental entities not subject to an audit
3 to submit financial statements to the Auditor
4 General; subjecting local governmental entities
5 to penalties for failure to submit their
6 financial statements to the Auditor General;
7 amending ss. 218.32,
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