BILL ANALYSIS                                                                                                                                                                                                    �






                                                       Bill No:  AB  
          1248
          
                 SENATE COMMITTEE ON GOVERNMENTAL ORGANIZATION
                       Senator Roderick D. Wright, Chair
                           2013-2014 Regular Session
                                 Staff Analysis



          AB 1248  Author:  Cooley
          As Amended:  May 24, 2013
          Hearing Date:  June 25, 2013
          Consultant:  Paul Donahue


                                     SUBJECT  

            Controller: internal control guidelines; local agencies

                                  DESCRIPTION
           
          Requires the State Controller (Controller) to develop  
          internal control guidelines applicable to local agencies to  
          prevent and detect fraud. Specifically,  this bill  :  

          1)Requires the Controller to develop the internal control  
            guidelines based on standards adopted by the American  
            Institute of Certified Public Accountants (AICPA) and  
            with input from any local agency and organizations  
            representing the interests of local agencies, including,  
            but not limited to, the League of California Cities, the  
            California State Association of Counties, the California  
            Special Districts Association, and the California State  
            Association of County Auditors.

          2)Requires the Controller to post the completed internal  
            control guidelines on the Controller's Internet Web site,  
            by January 1, 2015, to assist a local agency, as defined  
            by this bill, in establishing a system of internal  
            controls to safeguard assets and prevent and detect  
            financial errors and fraud.

          3)Requires the Controller, with input from the agencies  
            listed in 2) above, to update the internal control  
            guidelines, as he or she deems necessary, and maintain a  




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            current version on the Internet Web site.

          4)Defines, for purposes of this bill, "local agency" to  
            mean a city, county, city and county, special district,  
            or any other local governmental entity, except a school  
            district.

                                   EXISTING LAW

           Existing law authorizes the Controller to render service  
          pertinent to financial, budgetary and taxation problems and  
          procedures for any county, city, city and county, any other  
          political subdivision of the state, upon terms and  
          conditions as may be agreed upon between the Controller and  
          the governing body of such county, city, city and county,  
          or other political subdivision or district.

          Under existing law, the officer of each local agency who  
          has charge of the financial records is required to furnish  
          to the Controller a report of all the financial  
          transactions of the local agency during the next fiscal  
          year.

          Existing law requires the Controller to receive every audit  
          report prepared by any local public agency pursuant to the  
          Act and to review those reports for compliance with federal  
          law before forwarding them to the designated state agency. 

                                    BACKGROUND
           
          This bill requires the State Controller to develop internal  
          control guidelines to prevent and detect financial errors  
          and fraud based on standards adopted by the AICPA and with  
          input from any local agency and organizations representing  
          the interests of local agencies, and to post the guidelines  
          on the Controller's Web site. This bill is sponsored by  
          State Controller John Chiang.

          Purpose  : According to the author's office, "[a]lthough the  
          economic recession has been especially difficult for local  
          governments, leading to economic failures and bankruptcies  
          across the state, results of audits conducted by the State  
          Controller show that not all of these failures were due to  
          the economic downturn. The State Controller found that in  
          addition to economic and demographic factors, lack of  
          internal controls - or checks and balances - at the local  




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          government level allowed for fiscal and administrative  
          errors and mismanagement. While the poor economy created  
          difficulties for these local governments, the seeds of  
          financial problems had already taken root because of the  
          lack of proper internal controls."

          AB 1248 authorizes the State Controller to work with local  
          governments and interested stakeholder groups to develop a  
          set of "best practices" - internal controls designed to  
          prevent and detect financial errors and fraud in local  
          government agencies.

           Recent audit history  : In a series of recent audits of the  
          City of Bell's finances, the Controller found that the  
          independent auditor failed to comply with 13 of 17  
          fieldwork auditing standards and reported no significant  
          deficiencies in any of the city's funds. 

          More recently, the Controller found a number of  
          deficiencies in his "Hercules Administrative and Internal  
          Accounting Controls Review Report" issued in September  
          2012, which states in part: 

               "We found the City of Hercules' administrative  
               and internal accounting control deficiencies to  
               be serious and pervasive; in effect,  
               non-existent. We noted there was no oversight by  
               the City Council over the city's financial and  
               operational activities. From January 1, 2007,  
               through December 31, 2010, the City Council  
               adopted 40 ordinances, 679 city resolutions, and  
               360 Redevelopment Agency resolutions. With the  
               exception of one city ordinance, every ordinance,  
               city resolution, and RDA resolution was adopted  
               unanimously. In essence, the City Council  
               approved all requests submitted by the former  
               City Manager?As a result, the potential for  
               waste, abuse, and misappropriation of public  
               funds is very high."

                            PRIOR/RELATED LEGISLATION
           
          SB 186 (Kehoe), 2011-2012 Session. Would have expanded the  
          Controller's authority to perform discretionary audits of  
          local agencies to ensure compliance with local ordinances  
          and state law. (Held in Assembly Appropriations)




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          AB 162 (Smyth), 2011-2012 Session. Would have required  
          that, if an audit of a local agency reveals certain  
          financial irregularities, the findings be sent separately  
          to the Controller immediately after the audit has been  
          concluded. AB 162 also would have required the Controller  
          to prepare and transmit a report on those findings and the  
          Controller's recommendations to the Assembly and Senate  
          Committees on Local Government. (Not Heard) 

          AB 187 (Lara), Chapter 451, Statutes of 2011. Authorizes  
          the State Auditor to establish a high-risk local government  
          agency audit program to identify, audit, and issue reports  
          on any local government agency, including any city, county,  
          or special district, or any publicly created entity that  
          the State Auditor identifies as being at high-risk for the  
          potential of waste, fraud, abuse, or mismanagement or that  
          has major challenges associated with its economy,  
          efficiency, or effectiveness.

          AB 253 (Smyth), 2011-2012 Session. Would have established  
          the Committee on City Accounting Procedures, specified the  
          membership of the Committee, and required the Controller,  
          in consultation with the Committee, to prescribe uniform  
          accounting and reporting procedures for cities. (Held in  
          Senate Governance and Finance Committee)

          SB 449 (Pavley), 2011-2012 Session. Would have authorized  
          the Controller to review the finances of cities, counties,  
          special districts, and redevelopment agencies, and would  
          have allowed the Controller to convene a local agency  
          financial review committee to provide assistance to local  
          agencies that seek help in averting or managing a financial  
          problem. (Failed passage in Assembly Local Government  
          Committee)

           SUPPORT:   

          State Controller John Chiang

           OPPOSE:   

          None on file

           FISCAL COMMITTEE:   Senate Appropriations Committee





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