Sec. 30-15. Oversight of WRAF program.
A. Annual Report. By September 30 following each fiscal year, the City will file with the City Clerk an unaudited annual report accounting for the collection and use of the fees and will post the report on its website in accordance with Sections 9-463.05(N) and (O), Arizona Revised Statutes, as amended.
B. Biennial Review. The City will provide for a biennial, certified audit of the infrastructure financing plan, including the infrastructure improvements plan and land use assumptions, fee study, and fee schedules.
1. An audit will be conducted by one or more qualified professionals who are not employees or officials of the City and who did not prepare the plan.
2. The audit will review the collection and expenditures of fees and provide written comments describing the amount of fees assessed, collected, and spent on capital facilities, water sources or other elements that secure additional water resources.
3. The audit will evaluate the program and identify any inequities associated with implementing or imposing the WRAF.
4. The City will post the findings of the audit on the City’s public website and will conduct a public hearing on the audit within 60 days of the release of the audit to the public.
5. For the purposes of this section, a certified audit means any audit authenticated by one or more of the qualified professionals. (Ord. No. G-5985, 2015)