Virginia § 15.2-5145 - Financial report; authority budget; audit
Full text of Virginia Code of Virginia § 15.2-5145 — Financial report; authority budget; audit, with citation guidance and answers to common questions.
§ 15.2-5145. Financial report; authority budget; audit
Any locality may, by resolution, require an authority to:
1. Submit to it an annual financial statement in a form prescribed by the Auditor of Public Accounts; or
2. Have an audit conducted for any fiscal year according to generally accepted auditing and accounting standards or according to the audit specifications and audit program prescribed by the Auditor of Public Accounts.
1978, c. 617, § 15.1-1269.2; 1997, c. 587.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 15.2-5145
What does Code of Virginia § 15.2-5145 cover?
Section 15.2-5145 ("Financial report; authority budget; audit") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 15.2-5145?
A common citation format is "Code of Virginia § 15.2-5145" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 15.2-5145 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.