BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1237
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          Date of Hearing:  April 17, 2013

                       ASSEMBLY COMMITTEE ON LOCAL GOVERNMENT
                           K.H. "Katcho" Achadjian, Chair
                    AB 1237 (Garcia) - As Amended:  April 1, 2013
           
          SUBJECT  :  Local government finance.

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

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

             a)   Four city finance officers;

             b)   Three city managers, one from each the northern,  
               southern, and central California region;

             c)   One city representative from a rural area;

             d)   One county auditor-controller; and,

             e)   One member appointed by the California Society of  
               Certified Public Accountants.

          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 or  
            county 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)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.  

          5)Requires the Controller to promulgate any rules, regulations,  
            and classification deemed necessary to establish these  
            accounting procedures to secure standards of uniformity among  
            various cities.  

          6)Requires the procedures to be adopted after consultation with  
            the Committee by a majority vote of the total membership of  
            the Committee.  

          7)Allows the Committee to conduct the vote by mail, at the  
            discretion of the chairperson, unless one or more members  
            request a meeting for the purpose of voting.  

          8)Establishes the "City Budget Act" which details specific  
            content and format that must be included in the budget and the  
            procedures that city councils must follow to adopt an annual  
            budget.  

          9)Requires the Controller to prescribe the forms to be used in  
            presenting required information in the budget document, after  
            consultation with the Committee, and allows any city to add to  
            the information required, subject to review and approval by  
            the Controller.  

          10)Defines adopted budget to mean the budget document formally  
            approved by the city council after required public hearing and  
            deliberation on the recommended budget, and requires the  
            adopted budget to include the following:

             a)   Estimated or actual amounts of specified fund balances  
               and financing sources;

             b)   Data for each budget unit to include for each position  
               classification, the salary rate or range and the total  
               allocated positions approved by the council;

             c)   Budget amount, at a minimum within the object of capital  
               assets, to be reported for land, structures and improvement  
               for each project, equipment, infrastructure, and intangible  
               assets;

             d)   Additional financing sources to be classified by source,  








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               specified in format for comparative purposes; and,

             e)   A schedule showing the managerial budget of each service  
               activity financed by a proprietary fund, expected  
               operations of the activity for revenues, expenses, and  
               reserves.

          11)Requires the funding sources to equal the financing uses, in  
            both the adopted and final budget.  

          12)Allows the budget to contain appropriation(s) for  
            contingencies, in amounts the council deems sufficient.  

          13)Requires the city in a resolution to adopt the budget to  
            specify the following:

             a)   Appropriations, by objects of expenditure within each  
               budget unit;

             b)   Other financing uses, by budget unit;

             c)   Intrafund transfers, by budget unit;

             d)   Transfers out, by fund;

             e)   Appropriation for contingencies, by fund;

             f)   Provision for nonspendable restricted, committed, and  
               assigned fund balances, by fund and purpose; and,

             g)   Means of financing the budget requirements.
          14)Allows the adoption of the budget by resolution, if the  
            specified requirements are met in the budget document.  

          15)Requires the appropriate city official to file a copy of the  
            adopted budget, in the form prescribed by the Controller, with  
            the Controller by December 1 each year.  

          16)Requires the city to forfeit to the state $1,000 if the city  
            official, after receipt of written notice from the Controller,  
            fails to transmit a copy of the adopted budget within 20 days.  
             

          17)Requires the appropriate city official to file a copy of the  
            audited comprehensive annual financial report, for the next  








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            fiscal year, with the Controller by March 31 each year.  

          18)Applies the provisions of the bill to cities, dependent  
            special districts, and other agencies whose affairs and  
            finances are under the supervision and control of the city  
            council or governing body.  

          19)Provides that, if the Commission on State Mandates determines  
            that this bill contains costs mandated by the state,  
            reimbursement to local agencies and school districts for those  
            costs shall be made pursuant to current law governing state  
            mandated local costs.  

           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  








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            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  
            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, as described in 5)  
            above.  

           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 mirrors provisions in existing law  
            established for counties.  This bill also establishes the City  
            Budget Act which specifies requirements for an adopted budget  
            to report funds in a uniform way.

          2)According to the author, "The imposition of uniform accounting  
            procedures will result in more reliable, transparent, and  
            effective financial reporting and management of California's  
            cities. The reports received by the State Controller's Office  
            will be higher quality and comparability across cities will be  
            improved providing users and stakeholder groups more accurate  
            and meaningful information or research and decision making.   
            Uniform accounting procedures will also help increase the  








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            public's confidence in the fiscal integrity of California's  
            cities."

          3)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 [SB 1068 (Committee on Local  
            Government), Chapter 126].  While the Controller's office  
            provides special districts with guidelines, they do not  
            prescribe formal standards, like those for counties.

          4)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.  

          5)The sponsor argues "because uniform accounting procedures are  
            not required of cities, reports submitted may appear  
            comparable when in fact, they may be based on greatly varying  
            assumptions, methodologies, and classifications."  This bill,  
            which is substantially similar to requirements in existing law  
            for counties, details specific reporting criteria broken down  
            by type of fund, appropriation, or other expense and  
            requirements for the reporting amount.  

          6)The first section of this bill is substantially similar to AB  
            253 (Smyth, 2011) which passed out of this Committee on a 9-0  
            vote. The bill later died in the Senate Governance and Finance  
            Committee.  








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            In addition to the provisions contained in AB 253 (Smyth),  
            this bill establishes the City Budget Act which mirrors  
            existing requirements for counties.  This bill spells out  
            specific financial information that cities must include in  
            their budget and procedures they must follow when adopting the  
            budget.  This bill requires detailed and specific information  
            that must be included with no regard to the existing  
            accounting procedures of cities.  This bill permits a city to  
            add to the required information as prescribed by this bill,  
            but only upon review and approval by the Controller.  

            The Committee may wish to consider if the requirements in this  
            bill are too prescriptive and will lead to fiscal and  
            practical implementation issues for cities.  

           7)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.  Supporters argue that  
            uniform accounting practices and additional oversight of local  
            finances will result in more reliable, transparent and  
            effective financial reporting and management in California's  
            cities.  

             Opposition arguments  :  There are currently 482 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.  Opponents may  
            argue that this bill presents a one size fits all approach  
            which is overly prescriptive.  

           REGISTERED SUPPORT / OPPOSITION  :   
           
           Support                              Opposition
           
          State Controller's Office [SPONSOR]None on file
          Bell Association to Stop the Abuse (BASTA)
          CalTax
          Howard Jarvis Taxpayers Association

           
          Analysis Prepared by  :    Misa Yokoi-Shelton / L. GOV. / (916)  
          319-3958 










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