BILL ANALYSIS                                                                                                                                                                                                    Ó



                                                                  AB 253
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          Date of Hearing:  April 27, 2011

                       ASSEMBLY COMMITTEE ON LOCAL GOVERNMENT
                                Cameron Smyth, Chair
                     AB 253 (Smyth) - As Amended:  April 14, 2011
           
          SUBJECT  :  Local agencies: accounting.

           SUMMARY  :  Establishes the Committee on City Accounting 
          Procedures, specifies the membership of the Committee, and 
          requires the State Controller, in consultation with the 
          Committee, to prescribe uniform accounting and reporting 
          procedures for cities.  Specifically,  this bill  :  

          1)Establishes the Committee on City Accounting Procedures 
            (Committee), consisting of 
          10 members appointed by the Controller, including:

             a)   Five city finance officers;

             b)   Three city managers;

             c)   One public auditor; and,

             d)   One member who is an individual with a demonstrated 
               history of professional experience analyzing local 
               government financial data produced by the Controller.

          2)States that the members of the Committee shall serve without 
            compensation, but shall be reimbursed for their necessary 
            traveling and other expenses incurred in attending the 
            meetings of the Committee, to be paid for by the city of which 
            the member is an officer.

          3)Requires the Controller to designate a member of the Committee 
            to serve as chairperson, and specifies that the Committee 
            shall meet at the call of the chairperson, with written notice 
            of the meeting given at least 10 calendar days prior to the 
            date of the meeting.

          4)Provides that the Committee may discuss topics that include, 
            but are not limited to, financial transaction reports.

          5)Requires the Controller, in collaboration with the Committee, 
            to prescribe uniform accounting and reporting procedures that 








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            conform to generally accepted accounting procedures for 
            cities.

          6)Requires the procedures to be adopted under the provisions in 
            code related to administrative regulations and rulemaking for 
            the Office of Administrative Law, and requires the procedures 
            to be published in the California Code of Regulations either 
            in their entirety or by reference.

           EXISTING LAW :

          1)Establishes the Committee on County Accounting Procedures, 
            consisting of 10 members appointed by the State Controller, to 
            serve at the pleasure of the Controller, as follows:
             a)   Five of the members shall be county auditors;

             b)   Three shall be county administrative officers; and,

             c)   Two shall be members of a county board of supervisors. 

          2)States that the members of the Committee on County Accounting 
            Procedures shall serve without compensation but shall be 
            reimbursed for their necessary traveling and other expenses 
            incurred in attending meetings of the committee, and such 
            expenses shall be paid by the county of which the member is an 
            officer. 

          3)Requires the Controller to prescribe for counties uniform 
            accounting procedures conforming to the Generally Accepted 
            Accounting Principles (GAAP) and requires the procedures to be 
            adopted under the provisions in code related to administrative 
            regulations and rulemaking by the Office of Administrative 
            Law.

          4)Requires the Controller to prescribe such procedures after 
            consultation with and approval by the Committee on County 
            Accounting Procedures.

          5)Requires the Controller to appoint an advisory committee 
            consisting of seven local governmental officers to assist him 
            or her in developing complete and adequate records.

          6)Requires the officer of each local agency who has charge of 
            the financial records to furnish to the Controller a report of 
            all the financial transactions of the local agency during the 








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            next preceding fiscal year. 

          7)Requires the Controller to compile and publish reports of the 
            financial transactions of each county, city, and special 
            district, respectively, within this state, together with any 
            other matter he or she deems of public interest, and requires 
            the reports to include the appropriations limits and the total 
            annual appropriations subject to limitation of the counties, 
            cities, and special districts. 

          8)Requires the Controller to prescribe uniform accounting and 
            reporting procedures applicable to special districts, except 
            for those that substantially follow a system of accounting 
            prescribed by the Public Utilities Commission or the Federal 
            Power Commission, and requires the Controller to prescribe 
            these procedures only after consultation with and approval of 
            a local governmental advisory committee established in current 
            law.

           FISCAL EFFECT  :  Unknown
                                               
           COMMENTS  :

          1)This bill, sponsored by State Controller John Chiang, creates 
            the Committee on City Accounting Procedures and requires the 
            State Controller, in consultation with the new Committee, to 
            prescribe uniform accounting and reporting procedures for 
            cities.  The bill, in addition to making several conforming 
            and technical changes to existing law, also specifies the 
            membership of the Committee and gives the Committee the 
            authority to discuss topics included, but not limited to 
            financial transaction reports. 
          2)The creation of the Committee in this bill is directly modeled 
            off of existing law for counties.  The Controller has had the 
            authority to prescribe county accounting procedures since 1959 
            (Chapter 1883, Statutes of 1959).  This same 1959 statute also 
            created the Committee on County Accounting Procedures, 
            specified the membership of the Committee, and specified 
            reimbursement procedures for members of the Committee.

            The Controller has similar authority in existing law with 
            respect to special districts.  The Controller collects 
            financial transaction reports from counties and cities 
            pursuant to existing law.  This authority was expanded to 
            include special districts in 2003 ÝSB 1068, Committee on Local 








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            Government, Chapter 126].  While the Controller's office 
            provides special districts with guidelines, they do not 
            prescribe formal standards, like those for counties.

          3)Current law requires local agencies to provide a report of all 
            the financial transactions of the local agency during the 
            previous fiscal year to the Controller.  Current law also 
            requires the Controller to compile and publish reports of the 
            financial transactions of each county, city, and special 
            district.  The annual financial transactions data published by 
            the State Controller is the most comprehensive, and in some 
            cases, the only source of financial data for California's 
            local governments.  The Legislature, Legislative Analyst's 
            Office, local officials, grand juries, policy organizations, 
            and other observers all rely on these reports.

          4)Support arguments: While current law requires cities to submit 
            annual financial reports, it does not require them to adhere 
            to the same standards of accounting. The State Controller's 
            office already works with county governments in a similar 
            fashion and notes that "these efforts with counties have 
            proven very successful in establishing reliable and effective 
            financial reporting standards."  

            Opposition arguments:  There are currently 481 cities in 
            California that vary widely in their financial structure, 
            level of services, and provision of services, in addition to 
            other characteristics like size and population.  It may be 
            challenging for the Committee on City Accounting Procedures to 
            capture all of these variations adequately, creating a 
            situation where one size does not fit all.

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          State Controller's Office ÝSPONSOR]
          Howard Jarvis Taxpayers Association

           Opposition 
           
          None on file
           
          Analysis Prepared by  :    Debbie Michel / L. GOV. / (916) 
          319-3958 








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