Why is 30June a big day for Pacifica?

Pacifica has a legal duty to get audited financial statements to the California Attorney General, & to the public, within nine months of fiscal year-end, so by 30June:

[t]he audited financial statements shall be available for inspection by the Attorney General and by members of the public no later than nine months after the close of the fiscal year to which the statements relate.

California Government Code, § 12586(e)(1) – https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV&sectionNum=12586

[will be fully written-up June-July2021]

Advertisement