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Committee introduces RS32169 to raise local government audit thresholds
Summary
The House Local Government Committee voted to introduce RS32169, a proposal from Representative Pickett that raises certain local government audit thresholds by $50,000 and allows a biennial audit option for budgets between $200,000 and $300,000.
The House Local Government Committee on Thursday introduced RS32169, a proposal from Representative Pickett to adjust audit thresholds for local governments to reflect inflation.
Representative Pickett told the committee, “You have before you RS32169,” and said the bill would "raise the threshold by $50,000" so that entities with expenditures from all sources that exceed $300,000 would meet the audit trigger. He described the…
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