Bill > SB164

This bill amends existing Alabama law concerning audits for Class IV municipalities, which are cities with a population between 5,000 and 10,000 people. Specifically, it removes a restriction that prevented the same certified public accountant from conducting a municipality's audit for more than three consecutive fiscal years, meaning these cities will now have more flexibility in choosing their auditors. The bill also clarifies that the mayor shall prepare a statement of receipts and expenses, and that the council must ensure the city's books are audited annually by a reputable, disinterested certified public accountant, with a summary of the audit report published and submitted to the council. This change will take effect on October 1, 2026.

Government Affairs

https://alison.legislature.state.al.us/bill-search