Chapter 12. Los Angeles County Fiscal Control of California Government Code >> Division 3. >> Title 3. >> Chapter 12.

For the purposes of this chapter, "county" means the County of Los Angeles.

The Legislature finds and declares that the severe fiscal emergency being experienced by the Los Angeles County government necessitates the enactment of the requirements of this chapter.

In reporting on all fiscal matters, the county shall comply with the Accounting Standards and Procedures for Counties as promulgated by the Controller.

The county shall annually submit its proposed budget to the Governor, the Legislature, and the State Auditor, including estimated actual expenditures and revenues for the current year, an analysis of the impact of the Governor's Budget for the next fiscal year, and any other pertinent information which may impact the county's fiscal situation for the next fiscal year.

The county shall, for each program in the budget, provide actual expenditure data to enable comparison of actual expenditures with the current estimated and proposed levels and to show expenditures by funding source.

The Legislative Analyst shall conduct a review including identification of the principal factors contributing to the current county fiscal emergency and making recommendations concerning the following:
  (a) Structural changes in federal, state, and county fiscal and program relationships.
  (b) County operations that will minimize future county fiscal emergencies and promote long-term fiscal viability.