BILL ANALYSIS                                                                                                                                                                                                    Ó



                                                                  AB 2676
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          Date of Hearing:  April 2, 2014

                       ASSEMBLY COMMITTEE ON LOCAL GOVERNMENT
                           K.H. "Katcho" Achadjian, Chair
                    AB 2676 (Rendon) - As Amended:  March 25, 2014
           
          SUBJECT  :  Controller: reports.

           SUMMARY  :  Expands the State Controller's authority to perform  
          audits or investigations of counties, cities, and special  
          districts if the Controller makes specified findings that any of  
          these local government entities is violating financial  
          requirements in state law, state grant agreements, local  
          charters, or local ordinances.  Specifically,  this bill  :  

          1)Authorizes the State Controller (Controller), until January 1,  
            2020, to conduct an audit or investigation if the Controller  
            makes specified findings that a county, city, or special  
            district is not complying with the financial requirements in  
            state law, state grant agreements, local charters, or local  
            ordinances, and if the Controller determines that sufficient  
            funds exist within his or her budget to conduct the audit or  
            investigation.

          2)Requires the Controller to prepare a report of the results of  
            the audit or investigation that shall include detailed  
            documentation of the material basis for the findings included  
            in the audit or investigation.  A copy of the report shall be  
            filed with the legislative body of the city, county, or  
            special district subject to the audit or investigation, and a  
            finding of illegal acts or fraud shall be communicated to the  
            appropriate authorities, including the county grand jury.

          3)Requires the Controller, before conducting an audit or  
            investigation, to consult with the local agency and make  
            written findings that explain the legal and factual basis  
            supporting the decision to conduct the audit or investigation.  
             The Controller must give the local agency a reasonable  
            opportunity to respond to these findings.

          4)Requires the Controller, in cases in which he or she seeks to  
            audit or investigate compliance with financial requirements in  
            local charters or local ordinances, to first share with the  
            local agency documentation of evidence relied upon in  
            determining the need for the audit or investigation and  








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            provide the local agency the opportunity to conduct its own  
            audit or investigation of the matter in a reasonable period of  
            time.  If the local agency elects to conduct an audit or  
            investigation, the local agency shall provide the results to  
            the Controller promptly upon completion.  If the Controller  
            subsequently proceeds with his or her own audit or  
            investigation, he or she shall make specific written findings  
            concerning the evidence relied upon in determining the need  
            for the audit or investigation and confirming that each issue  
            to be audited or investigated has not been or is not likely to  
            be addressed by local means, as specified. 

          5)For purposes of the requirement described above,  
            "documentation" means a writing, photograph, photostat, email  
            or facsimile transmission, or any other means of recording  
            upon a tangible thing in any form of communication or  
            representation, including letters, words, pictures, sounds, or  
            symbols, or combinations thereof, or a record thereby created,  
            regardless of the manner in which the record has been stored.

          6)Prohibits the Controller from auditing or investigating  
            compliance with the financial requirements in local charters  
            or local ordinances if the matter involves a pending policy or  
            administrative decision, such as adoption of a budget,  
            negotiations of labor or other contracts, or a pending  
            decision on an unpaid claim, as specified; or, the matter is  
            the subject of actual or completed litigation.

          7)Prohibits the Controller from initiating or conducting an  
            audit or investigation of a local agency that falls within the  
            date the local agency has initiated the neutral evaluation  
            process pursuant to current law governing bankruptcy  
            proceedings for local agencies and the date that process has  
            been completed.

          8)Requires the Controller to waive the costs of the  
            investigation if the investigation determines that the  
            financial report filed by the county, city, or special  
            district did not contain materially false, incomplete, or  
            incorrect information.  The Controller may establish a payment  
            program, with interest, for up to five years to assist a local  
            agency to pay for costs of the investigation that cannot be  
            waived.

          9)Clarifies the definition of joint powers authorities (JPAs)  








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            that must submit financial reports to the Controller to  
            include a public entity, agency, commission, or board provided  
            for by a joint powers agreement pursuant to the Joint Exercise  
            of Powers Act that is separate from the parties to the  
            agreement.

          10)Repeals outdated code sections regarding required financial  
            reports of redevelopment agencies (RDAs), and clarifies that  
            successor agencies to former RDAs are subject to the same  
            reporting requirements as cities, counties and special  
            districts.

          11)Increases the forfeiture amounts for an officer of a local  
            agency, except a JPA that issues conduit revenue bonds, who  
            fails or refuses to make and file his or her report within 20  
            days after receipt of a written notice of the failure from the  
            Controller, as follows:

             a)   Increases, from $1,000 to $2,500, for a local agency  
               with total revenue, in the prior year, of less than  
               $100,000, as reported in the Controller's annual financial  
               reports;

             b)   Increases, from $2,500 to $5,000, for a local agency  
               with total revenue, in the prior year, of at least $100,000  
               but less than $250,000, as reported in the Controller's  
               annual financial reports;

             c)   Increases, from $5,000 to $10,000, for a local agency  
               with total revenue, in the prior year, of at least  
               $250,000, as reported in the Controller's annual financial  
               reports;

             d)   Requires that, if an officer of a local agency fails or  
               refuses to make and file his or her report within 20 days  
               after receipt of a written notice for two consecutive  
               years, the forfeiture specified above shall be doubled;  
               and,

             e)   Requires that, if an officer of a local agency fails or  
               refuses to make and file his or her report within 20 days  
               after receipt of a written notice for three consecutive  
               years, the forfeiture specified above shall be tripled.

          12)Provides that, notwithstanding any amount forfeited, an  








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            agency shall be required to file the financial transactions  
            report.

          13)Requires that, upon satisfactory showing of good cause to the  
            Controller, the forfeiture shall not be imposed.

          14)Imposes increased forfeiture amounts for JPAs that issue  
            conduit revenue bonds for failing to report to the Controller,  
            maintaining a separate code section for these types of JPAs  
            but imposing identical increases in forfeiture amounts as  
            those described above for other local agencies.

           EXISTING LAW  : 

          1)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.

          2)Defines local agency to mean "any city, county, any district,  
            and any community redevelopment agency required to furnish  
            financial reports" pursuant to specified sections of existing  
            law.

          3)Requires the report to be furnished within 90 days after the  
            close of each fiscal year and to be in the form required by  
            the Controller.

          4)Requires the report to contain specified contents and requires  
            the report to contain additional information for cities.

          5)Provides that an officer of a local agency who fails or  
            refuses to make and file his or her report within twenty days  
            after receipt of a written notice of the failure from the  
            Controller shall forfeit to the state:

             a)   $1,000 in the case of a local agency with total revenue,  
               in the prior year, of less than $100,000, as reported in  
               the Controller's annual financial reports;

             b)   $2,500 in the case of a local agency with total revenue,  
               in the prior year, of at least $100,000 but less than  
               $250,000, as reported in the Controller's annual financial  
               reports; and,









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             c)   $5,000 in the case of a local agency with total revenue,  
               in the prior year, of at least $250,000, as reported in the  
               Controller's annual financial reports.

          6)Provides for similar forfeiture amounts for JPAs that issue  
            conduit revenue bonds, and additionally requires fines to be  
            doubled in the second or more consecutive year of  
            non-compliance and requires an independent financial audit by  
            the Controller in the third or more consecutive year of  
            non-compliance.

           FISCAL EFFECT  :  This bill is keyed fiscal.


           COMMENTS  :   

           1)Purpose of this bill  .  This bill expands the Controller's  
            authority to investigate or audit local governments that might  
            not be complying with financial requirements in state law,  
            state grants, local charters or local ordinances.  It allows a  
            local agency to conduct its own investigation before the  
            Controller can conduct an audit or investigation.  The bill  
            also increases penalties for local agencies that fail to file  
            their annual financial transaction reports with the  
            Controller.  This bill is sponsored by State Controller John  
            Chiang.

           2)Author's statement  .  According to the author's office, "The  
            City of Bell, in AD 63, is just one example of how the failure  
            of some local officials to conduct the public's business  
            transparently and responsibly can lead to financial  
            consequences that ultimately burden other local agencies and  
            the state.  Unfortunately, circumstances such as those in the  
            City of Bell are only discovered when the local government  
            entity is in danger of a major financial crisis, such as  
            defaulting on private debt.

            "According to the State Controller's Office (SCO), local  
            agencies failing to comply with laws requiring financial  
            transaction reports is a persistent problem.  Each year, the  
            SCO estimates that it assesses an average of $251,000 in  
            penalties from these local agencies for filing their financial  
            disclosures late or failing to file at all.  Since current  
            fines are low, these non-filers find it easier to pay the fine  
            than go through the trouble of complying with the law. In more  








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            egregious cases, there are local government agencies that have  
            not complied for over three years."

          3)Existing law requires the officer of each local agency, who  
            has charge of the financial records of the agency, to furnish  
            to the Controller a report of all the financial transactions  
            of the local agency during the next preceding fiscal year,  
            within 90 days of the close of each fiscal year.  "Local  
            agency," for purposes of these financial reports, includes any  
            city, county, district, and specified community redevelopment  
            agencies.  Under current law, the State Controller's Office  
            can assess penalties of up to $5,000 for local governmental  
            agencies that file late annual financial transactions reports  
            or agencies that fail to file the report at all.  The  
            Controller's Office maintains a list of those that do not  
            file, and those that file late, including cities and special  
            districts.  Eleven local agencies failed to file their annual  
            transactions reports between 2008 and 2011, and eighteen local  
            agencies failed to file for fiscal year 2011-12, according to  
            data supplied by the Controller's Office.

           4)Previous legislation  .  AB 941 (Rendon) of 2013 was  
            substantially similar to this bill.  AB 941 passed this  
            Committee on a 9-0 vote on May 1, 2013.  AB 941 was held in  
            the Assembly Appropriations Committee.

            AB 1035 (Muratsuchi) of 2013 changed the forfeiture amounts  
            local agencies must pay for failing to file their financial  
            reports with the Controller.  AB 1035 passed this Committee on  
            a 8-0 vote on April 10, 2013.  AB 1035 was held in the Senate  
            Governance and Finance Committee.

            SB 186 (Kehoe and DeSaulnier) of 2012 was substantially  
            similar to this bill.  SB 186 passed this Committee on a 9-0  
            vote on June 27, 2012.  SB 186 was held in the Assembly  
            Appropriations Committee.

           5)Arguments in support  :   The California Professional  
            Firefighters, in support, state, "Given the current national  
            and state economic climate, which weighs on every community,  
            it is important for California to work to create stability for  
            our taxpayers, as well as hold local agencies accountable and  
            provide them the tools to ensure a fiscally sound government  
            which promotes a healthy and robust community for its  
            residents."








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           6)Arguments in opposition  :  None on file.

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          State Controller John Chiang [SPONSOR]
          California Professional Firefighters
          Glendale City Employees Association
          Organization of SMUD Employees
          San Bernardino Public Employees Association
          San Luis Obispo County Employees Association
          Santa Rosa City Employees Association

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