HB 861 — Local Government Financial Reporting
by Reps. Roach and Fernandez-Barquin (SB 1616 by Senators Baxley and Albritton)
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Prepared by: Community Affairs Committee (CA)
HB 861 specifies time periods for which budget documents must appear on county and municipal websites and requires annual reporting of final budget and economic status information to the Office of Economic and Demographic Research (EDR). The bill requires counties and municipalities to post their annual budgets to their respective websites for at least two years and tentative budgets to their websites for at least 45 days. Information to report to EDR includes government spending and debt per resident, median income within the county or municipality, average local government employee salary, percentage of budget spent on employee salaries and benefits, and the number of taxing districts within the local government’s jurisdiction. Annual reporting of information must begin on October 15, 2019. EDR must develop the format and forms for reporting by July 15, 2019.
If approved by the Governor, these provisions take effect upon becoming law.
Vote: Senate 37-1; House 115-1