SECTIONS 150100-150105 - California Statutes

PUBLIC UTILITIES CODE

SECTION 150100-150105

150100. The organization and procedures manual of the Tuolumne
County LTC shall be the established rules for the proceedings and
administration of the authority except as provided otherwise in this
division.

150101. Meetings of the authority shall be held at least annually
and as often as determined necessary by the authority.
All meetings of the authority shall be conducted pursuant to
Chapter 9 (commencing with Section 54950) of Part 1 of Division 2 of
Title 5 of the Government Code.

150102. The acts of the authority shall be expressed by motion,
resolution, or ordinance.

150103. The authority shall expend only that amount of the funds
generated pursuant to this division for staff support, audit,
administrative expenses, and contract services that are necessary and
reasonable to carry out its responsibilities pursuant to this
division.
The authority shall not expend more than 5 percent of the funds
generated pursuant to this division in any year for salaries and
benefits of its staff.

150104. The authority shall do all of the following:
(a) Adopt an annual budget.
(b) Cause a postaudit of the financial transactions and records of
the authority and of all revenues expended pursuant to this division
to be made at least annually by a certified public accountant.
(c) Do any and all things necessary to carry out the purposes of
this division.

150105. (a) The authority shall publish, pursuant to Section 6061
of the Government Code, notice of the time and place of the public
hearing for the adoption of the annual budget not later than 15 days
prior to the hearing.
(b) The proposed annual budget shall be available for public
inspection at least 15 days prior to the hearing.