Withholding of state money from cities not filing budget or complying with reporting or auditing requirements.

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  • (1) The state auditor may withhold state money allocated to a city for its failure to file a copy of a formally adopted budget when required or its failure to comply substantially with the annual financial reporting or independent auditing requirements required under this chapter.
  • (2) Upon the city's compliance with the requirement, the state auditor shall distribute the money to the city.




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