What is required under Idaho Code 67-450B and C?

The introductory paragraph for each section is virtually the same, one focused on primary local governments such as cities, counties, authorities and districts, and one focused on affiliated entities such as commissions and institutions; 

The requirements set forth in this section are minimum audit requirements for all local governmental entities, and include, without limitation, all cities, counties, authorities and districts organized as separate legal and reporting entities under Idaho law, and include the councils, commissions and boards as appointed or elected and charged with fiscal management responsibilities of the local governmental entity.


Those code sections provide the minimum audit requirements for all LGEs based on annual expenditures as follows:

  • Entities expending less than $100,000 from all sources in a fiscal year have no audit requirement
  • Entities expending more than $100,000, but less than $250,000 from all sources in a single fiscal year are required to have an audit every two years
  • Entities expending more than $250,000 from all sources in a single fiscal year are required to have an annual audit


Audit reports are required to be submitted to LSO within 9 months of the close of the fiscal year.

Show All Answers

1. Why are we creating a registry portal?
2. What is required under Idaho Code 67-450B and C?
3. Why was additional legislation introduced in the 2014 legislative session?
4. What are the new requirements in House Bill Number 560 codified in Idaho Code Section 67-450E?
5. What are local governing entities required to do?
6. What will be on the registry portal?
7. What are some examples of possible reporting due dates?
8. How are the Legislative Services Office and counties affected?
9. What penalties are in place for noncompliance with the requirements included in Idaho Code Section 67-450E?
10. What items are needed prior to registering an entity?