Alabama Code 45-52A-35.11. Municipal Utilities Board – Employment and duties of accountant expert
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Alabama Code 45-52A-35.11
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- writing: includes typewriting and printing on paper. See Alabama Code 1-1-1
- year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1
The board shall cause an audit of its books and accounts to be made at the end of each fiscal year by a certified public accountant or firm of certified public accountants. Upon completion of the examination for a fiscal year, the accountant or firm of accountants shall make a full report of their findings to the board, in writing, under oath, at the first meeting of the board after the completion of the report for the fiscal year. A copy shall also be furnished to the governing body of the City of Decatur. For the service, the accountant or firm of accountants shall be paid a reasonable and proper sum as may be agreed upon.