§ 2-1866. Financial audit of fund.

Latest version.

The agency shall provide for an independent financial audit of the Fund each fiscal year and a report of such audit. Such report shall describe the amount and source of deposits into, and the amount and purpose of withdrawals form the Fund during such fiscal year and the amount of principal and interest paid during such year or any indebtedness to which is pledged increment revenues and the remaining amount of such indebtedness. The Agency shall provide a copy of the report to each taxing authority. All Fund records shall be available for County inspection. The County reserves the right to audit the Fund.

(Ord. No. 05-110, § 7, 7-7-05)

                    
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