Chapter 25: Budgets, Audits and Reports

This chapter is comprised of the following sections:

§15.2-2500 Uniform fiscal year for all localities and school divisions
§15.2-2501 Establishment of funds for accounting and budgeting; separate depository and investment accounts not required
§15.2-2502 Notification by state officials and agencies
§15.2-2503 Time for preparation and approval of budget; contents
§15.2-2504 What budget to show
§15.2-2505 Budget may include reserve for contingencies and capital improvements
§15.2-2506 Publication and notice; public hearing; adjournment; moneys not to be paid out until appropriated
§15.2-2507 Amendment of budget
§15.2-2508 Governing bodies may require information of departments, etc
§15.2-2509 Auditor to devise system of bookkeeping and accounting
§15.2-2510 Comparative report of local government revenues and expenditures
§15.2-2511 Audit of local government records, etc.; Auditor of Public Accounts; audit of shortages; civil penalty
§15.2-2511.1 Return of local surplus funds
§15.2-2511.2 Duties of local government auditors
§15.2-2512 Audit of accounts of certain county officers, boards and commissions
§15.2-2512.1 Local fiscal distress; determination by Auditor of Public Accounts; state intervention
§15.2-2513 Special budget provisions
