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Legislative record

SB 992STATE · CaliforniaIntroduced

County auditors: special districts: annual audit exceptions.

Existing law requires a county auditor to make or contract with a certified public accountant or public accountant to make an annual audit of the accounts and records of every special district within the county for which an audit is not otherwise provided, as specified. Existing law authorizes a special district to replace this annual audit with a financial review, or, until January 1, 2027, an agreed-upon procedures engagement or an annual financial compilation of the special district, if specified conditions are met, including that the special district's annual revenues do not exceed $150,000. Until January 1, 2027, upon receipt of the financial review, agreed-upon procedures engagement, or financial compilation, existing law authorizes a county auditor to appoint a certified public accountant or a public accountant to conduct an audit of the special district, as specified. Existing law prohibits a special district from replacing the annual audit requirement with an annual financial compilation for more than 5 consecutive years, after which existing law requires the special district to use specified procedures. This bill would extend the January 1, 2027, repeal date referenced above to January 1, 2037, and would increase the revenue cap described above to $250,000. After replacing the annual audit requirement with an annual financial compilation for 5 years, the bill would authorize a special district with annual revenues of less than $50,000 to replace the annual audit with a financial review, as described above.

Voted 8/27/2026View source

Roll-call record

How representatives voted

38 yea·0 nay

Docket history

Action history

  1. 7/2/2026From committee: Do pass. Ordered to consent calendar. (Ayes 9. Noes 0.) (July 1).
  2. 6/23/2026From committee with author's amendments. Read second time and amended. Re-referred to Com. on L. GOV.
  3. 6/17/2026June 17 hearing postponed by committee.
  4. 6/1/2026Referred to Com. on L. GOV.
  5. 5/26/2026In Assembly. Read first time. Held at Desk.
  6. 5/26/2026Read third time. Passed. (Ayes 38. Noes 0. Page 4453.) Ordered to the Assembly.
  7. 4/30/2026Read second time. Ordered to third reading.
  8. 4/29/2026From committee: Do pass. (Ayes 7. Noes 0. Page 4095.) (April 29).
  9. 4/29/2026From committee: Do pass. (Ayes 7. Noes 0.) (April 29).
  10. 4/9/2026Set for hearing April 29.