2006 Session

Budget Bill - SB30 (Introduced)

View Item amendments

Auditor of Public Accounts

Item 2

Item 2

First Year - FY2007Second Year - FY2008
Legislative Evaluation and Review (78300)$10,449,250$10,447,647
Financial and Compliance Audits (78301)FY2007 $10,449,250FY2008 $10,447,647
Fund Sources:  
GeneralFY2007 $9,661,921FY2008 $9,660,318
SpecialFY2007 $787,329FY2008 $787,329

Authority: Article IV, Section 18, Constitution of Virginia; Title 30, Chapter 14, Code of Virginia.

A. Out of this appropriation shall be paid the annual salary of the Auditor of Public Accounts, $147,843 from July 1, 2006, to November 24, 2006, $152,278 from November 25, 2006, to November 24, 2007, and $152,278 from November 25, 2007, to June 30, 2008.

B. On or before November 1 of each year, the Auditor of Public Accounts shall report to the General Assembly the certified tax revenues collected in the most recently ended fiscal year pursuant to § 2.2-1829, Code of Virginia.  The Auditor shall, at the same time, provide his report on (i) the 10 percent limitation and the amount that could be paid into the Revenue Stabilization Fund and (ii) any amounts necessary for deposit into the Fund in order to satisfy the mandatory deposit requirement of Article X, Section 8 of the Constitution of Virginia as well as the additional deposit requirement of § 2.2-1829, Code of Virginia.