Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee advances bill to raise audit threshold, offer cash‑basis option for small Georgia local governments
Summary
House Bill 244 would raise the audit threshold from $550,000 to $2.5 million, add a cash‑basis special purpose framework and preserve taxpayer accountability through periodic full audits and waiver provisions, sponsors and the state auditor said. The committee passed the bill unanimously.
The State and Local Governmental Operations Committee advanced House Bill 244, which would raise the state audit threshold for local governments from $550,000 to $2.5 million and add a cash‑basis "special purpose framework" for smaller entities, sponsors and the state auditor said.
Supporters said the change is intended to reduce cost and administrative burden for very small cities and towns while retaining accountability for state funds. "This bill provides some flexibility in the state's annual audit requirements for small local governments, whose expenditures are less than a $2,500,000 threshold,"…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
