California Health and Safety Code

§ 34182

HSC § 34182 Effective Jun 27, 2012Div. 24 · Part 1.85 · Ch. 5

Statute text

(a)(1) The county auditor-controller shall conduct or cause to be conducted an agreed-upon procedures audit of each redevelopment agency in the county that is subject to this part, to be completed by October 1, 2012.

(2)The purpose of the audits shall be to establish each redevelopment agency’s assets and liabilities, to document and determine each redevelopment agency’s passthrough payment obligations to other taxing entities, and to document and determine both the amount and the terms of any indebtedness incurred by the redevelopment agency pursuant to the initial Recognized Obligation Payment Schedule.

(3)The county auditor-controller may charge the Redevelopment Property Tax Trust Fund for any costs incurred by the county auditor-controller pursuant to this part.

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Legislative history

Amended by Stats. 2012, Ch. 26, Sec. 23. (AB 1484) Effective June 27, 2012.