2009 California Government Code - Section 6599.31 :: Article 3. Reports And Statements

6599.31.  The books and records of the authority shall be audited
annually and a summary of the audit shall be provided to the
authority's members and shall be a public record. The audit shall be
done by a certified public accountant pursuant to agreement with the
authority. Each annual audit, or a separate annual actuarial
analysis, shall determine whether the authority has sufficient assets
and reserves to maintain actuarial soundness, and shall recommend to
the board any amounts which the authority should credit, refund, or
assess its members to retain that soundness.
   If any provision of this section conflicts with Section 6505, this
section governs.