For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

RECORDS AND REPORTS

SJ-MC tit. 3, div. II, ch. 3.24, pt. 5
in effect

San José Municipal Code § 3.24.400 Records and accounts - Information required.

3.24.400 - Records and accounts - Information required. In addition to other records and accounts, the board shall keep such records and accounts as may be necessary to show at any time: A. The total accumulated contributions of members; B. The total accumulated contributions of retired members less the annuity payments made to such members; C. The accumulated contributions of the city held for the benefit of members on account of current service; D. All other accumulated contributions of the city, which shall include the amounts available to meet the obligation of the city on account of benefits that have been granted to retired employees and on account of prior service of members. (Prior code § 2904.61.)

San José Municipal Code § 3.24.410 Financial statements.

3.24.410 - Financial statements. The board shall cause to be issued, as of the date of the investigation and valuation made pursuant to Section 3.24.160, a financial statement showing an actuarial valuation of the assets and liabilities of this system and a statement as to the accumulated cash and securities in the retirement fund as certified by the auditor. The board shall include in the statement, which shall be issued as of the end of each fiscal year, other than the year of the investigation, assets and liabilities resulting from current and prior service, in amounts equal only to accumulated contributions held on account of such service. (Prior code § 2904.62.)

San José Municipal Code § 3.24.420 Annual reports.

3.24.420 - Annual reports. As soon as practicable after the close of each fiscal year, the board shall file with the city council a report of its work for such fiscal year, and the board shall make the report available to any member who requests it. Among other things, the report shall contain recommendations for or against changes in the retirement system. (Prior code § 2904.63.)
Source: City of San José, Municipal Code (Municode Library, library.municode.com)URL: https://library.municode.com/ca/san_jose/codes/code_of_ordinances?nodeId=TIT3PE_IIREPL_CH3.24RESYSUJU11951_PT5REREFetched: 11/1/2026

Starting a business in California? California LLC guide: costs and requirements