Cal. Public Utilities Code - PUC § 101240. Section 101240.
The general manager shall cause to be installed and maintained a system of auditing and accounting which shall completely and at all times show the financial condition of the district.
ARTICLE 4. Audits and Financial Report [101240. - 101245.]
Cal. Public Utilities Code - PUC 4.
in effectCal. Public Utilities Code - PUC § 101241. Section 101241.
The fiscal affairs of the district shall be predicated upon a fiscal year commencing on the first day of July of each calendar year and terminating on the 30th day of June of the following calendar year.
Cal. Public Utilities Code - PUC § 101242. Section 101242.
Within 90 days from and after the close of each fiscal year, the general manager shall prepare and file with the secretary of the district a financial report showing the result of the operations of the district for the preceding fiscal year and the financial status of the district on the last day thereof.
Cal. Public Utilities Code - PUC § 101243. Section 101243.
A copy of the financial report shall be kept in the office of the general manager and shall be available to public inspection at all times during the regular office hours of his office.
Cal. Public Utilities Code - PUC § 101244. Section 101244.
Within 15 days after the filing of the financial report, the general manager shall publish a notice of such filing and shall state the fact of such availability for public inspection, together with the address of the office of the general manager. Such publication shall be in accord with Section 6061 of the Government Code.
Cal. Public Utilities Code - PUC § 101245. Section 101245.
Within 15 days after the filing of the financial report, the general manager shall transmit a copy thereof to the board of supervisors and to the city council of each city within the district.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026