§ 7174 District Financial Accounting System

Harbors and Navigation Code·California

AI SummaryVerified

The law requires the treasurer to set up and keep an accounting system that always shows the district's financial condition.

Key Takeaways

•The treasurer must have a full, up-to-date accounting system.
•The system must always reflect the district's true financial condition.
•The purpose is transparency for the public.

Example

A town's treasurer must keep a public ledger that shows how much money the town has and spends, so residents can see if the budget is balanced.

If the treasurer fails to update the books, the town could be hiding debts, which this law prevents.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 7174 District Financial Accounting System

The treasurer shall install and maintain a system of auditing and accounting that shall completely and at all times show the financial condition of the district. (Added by Stats. 1959, Ch. 1598.)

Last verified: January 11, 2026

Key Terms

treasurer system of auditing and accounting financial condition of the district

References

Official text at leginfo.legislature.ca.gov
California Legislature. Harbors and Navigation Code. Section 7174.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References