SB 613
Increasing cap on audits of municipalities
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Sign in to take action- Introduced
- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill proposes to increase the maximum amount that can be charged for audits of municipal corporations in West Virginia. Currently, the cost of audits for Class IV municipalities is capped at $5,000, but this bill raises that limit to $5,000 for regular audits and an additional $5,000 for audits involving utility or park systems. The bill also establishes a revolving fund for the chief inspector’s office to cover audit expenses and allows for recovery of audit costs from individuals found to have engaged in misconduct during audits.
Key provisions
- Increases the maximum audit cost for Class IV municipalities from $3,000 to $5,000.
- Allows an additional $5,000 charge for audits of utility or park systems owned by Class IV municipalities.
- Creates a revolving fund for the chief inspector’s office to cover audit expenses.
- Establishes a ‘State Auditor’s Public Integrity and Fraud Fund’ to enhance fraud detection and enforcement.
- Permits courts to order reimbursement to the State Auditor for audit costs in cases of misconduct.
- Provides for the transfer of funds from the Chief Inspector’s Fund to the special operating fund.
- Requires written quotes for all costs in advance for services rendered.
- Allows the chief inspector to seek recovery of audit costs from individuals found to have engaged in misconduct.
Who is affected
- Municipal Corporations (Class IV)
- West Virginia State Auditor’s Office
- County Commissions
- Boards of Education
Sponsors
Official sponsors from legislative records.
Primary sponsor
Smith (Mr. President)
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