                                 CODE OF VIRGINIA

FINANCIAL REPORT; AUTHORITY BUDGET; AUDIT (§ 15.2-5145)

Any locality may, by resolution, require an authority to:

1. Submit to it an annual financial statement in a form prescribed by the
Auditor of Public Accounts; or

2. Have an audit conducted for any fiscal year according to generally accepted
auditing and accounting standards or according to the audit specifications and
audit program prescribed by the Auditor of Public Accounts.

HISTORY: 1978, c. 617, § 15.1-1269.2; 1997, c. 587.