Connecticut Seal

General Assembly



January Session, 2011

LCO No. 7577



Offered by:


SEN. RORABACK, 30th Dist.


To: House Bill No. 5256

File No. 777

Cal. No. 480

After the last section, add the following and renumber sections and internal references accordingly:

"Sec. 501. Subsection (b) of section 7-392 of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2011):

(b) Notwithstanding the provisions of subsection (a) of this section, (1) if the charter in any municipality contains provisions applicable with respect to selection of an independent auditor for purposes of such audit, such selection shall be conducted in accordance with the charter, provided such selection shall be subject to approval by the Secretary of the Office of Policy and Management, and (2) any borough with an annual budget of less than one hundred fifty thousand dollars shall have its financial statements audited at least once biannually. "