Budgets, Audits And Reports
This is Chapter 25 of the Code of Virginia, titled “Budgets, Audits And Reports.” It is part of Title 15.2, titled “Counties, Cities And Towns.” It is part of Subtitle II, titled “Powers Of Local Government.” It’s comprised of the following 16 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
- § 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
- § 15.2-2513
- Special budget provisions