Cal. Code Regs. tit. 21 § 6662

Current through Register 2025 Notice Reg. No. 2, January 10, 2025

Section 6662 - Fiscal Audits of Transportation Planning and Programming Entities

Each transportation planning agency, county transportation commission, and metropolitan transit development board shall transmit to the State Controller, annually and within 12 months of the end of the fiscal year, a report of an audit of its accounts and records by the appropriate county auditor, a certified public accountant, or a public accountant pursuant to Sections 6505 and 26909 of the Government Code. The audit shall be performed in accordance with the Basic Audit Program and Reporting Guidelines for California Special Districts prescribed by the State Controller pursuant to Section 26909 of the Government Code and shall include a determination of compliance with the Act and the administrative rules and regulations. In the financial statements, of the transportation planning agency, county transportation commission and metropolitan transit development board, the local transportation fund, the state transit assistance fund, and other revenues or funds of any city, county or other agency shall not be commingled.

All fiscal and accounting records and other supporting papers shall be maintained for a minimum of four years following the close of the fiscal year of expenditure and shall be available for inspection and audit by the State Controller.

Cal. Code Regs. Tit. 21, § 6662

1. Amendment filed 3-4-77; effective thirtieth day thereafter (Register 77, No. 10).
2. Sections 6662-6665 redesignated as Article 5.5 and amendment of Section 6662 filed 2-7-78; effective thirtieth day thereafter (Register 78, No. 6).
3. Editorial correction adding NOTE filed 6-21-84; effective thirtieth day thereafter (Register 84, No. 25).
4. Amendment filed 12-31-85; effective thirtieth day thereafter (Register 86, No. 1).
5. Amendment filed 9-1-87; operative 10-1-87 (Register 87, No. 37).

Note: Authority cited: Section 99241 and 99245, Public Utilities Code. Reference: Section 99245, Public Utilities Code; and Section 6505,Government Code.