This bill amends Section 11.6 of the Iowa Code to adjust the periodic examination fees that the auditor of state can establish and collect from cities not required to undergo an audit or fiscal year examination. The current cap of $375,000 on total revenue from these fees is increased to $600,000. The auditor of state will continue to base the fees on a sliding scale according to each city's budgeted gross expenditures, with the stipulation that cities paying a filing fee for an audit or examination are exempt from the periodic examination fee.

Additionally, the bill mandates that if the fees collected exceed the new cap of $600,000, the auditor of state must use the excess funds to provide training to city officials on municipal financial management or contract with a qualified organization for such training. The bill ensures that any unexpended fees at the end of the fiscal year will not revert to the general fund but will remain available for the following fiscal year. This legislation will take effect for fees collected in fiscal years beginning on or after July 1, 2026.

Statutes affected:
Introduced: 11.6