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TITLE 5. LOCAL AGENCIES [50001 - 57607]›DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 55821]›PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 54999.7]›CHAPTER 2.99. Enhanced Infrastructure Financing District [53398.50 - 53398.88]›ARTICLE 4. Tax Increment Bonds [53398.77 - 53398.88]

§ 53398.88

Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure Financing Districts · 2026 edition · updated 2026-07-29 · California

53398.88. (a) Every two years after the issuance of debt pursuant to Section 53398.77, the district shall contract for an independent financial and performance audit. The audit shall be conducted according to guidelines established by the Controller. A copy of the completed audit shall be provided to the Controller, the Director of Finance, and to the Joint Legislative Budget Committee.

(b) Upon the request of the Governor or of the Legislature, the Bureau of State Audits shall be authorized to conduct financial and performance audits of districts. The results of the audits shall be provided to the district, the Controller, the Director of Finance, and the Joint Legislative Budget Committee.

(Amended by Stats. 2019, Ch. 656, Sec. 13. (AB 116) Effective January 1, 2020.)

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▸ Contents — Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure Financing Districts
Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure Financing Districts
  1. Government Code §§ 53398.50–53398.88 — Enhanced Infrastructure…
  2. ▸ TITLE 5. LOCAL AGENCIES [50001 - 57607]
    Overview
    1. ▸ DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 55821]
      Overview
      1. ▸ PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHE…
        Overview
        1. ▸ CHAPTER 2.99. Enhanced Infrastructure Financing District [5339…
          Overview
          1. ARTICLE 1. General Provisions [53398.50 - 53398.58]
          2. ARTICLE 2. Preparation and Adoption of Infrastructure Financin…
          3. ARTICLE 3. Division of Taxes [53398.75 - 53398.76]
          4. ▸ ARTICLE 4. Tax Increment Bonds [53398.77 - 53398.88]
            Overview
            1. § 53398.77
            2. § 53398.78
            3. § 53398.83
            4. § 53398.84
            5. § 53398.85
            6. § 53398.86
            7. § 53398.87
            8. § 53398.88

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