Compilation of Rules and Regulations of the State of Georgia
Department 110 - RULES OF GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS
Chapter 110-15 - UNIFORM CHARTS OF ACCOUNTS
Subject 110-15-1 - UNIFORM CHARTS OF ACCOUNTS
Rule 110-15-1-.01 - Purpose and Applicability

Universal Citation: GA Rules and Regs r 110-15-1-.01

Current through Rules and Regulations filed through September 23, 2024

(1) General. The rules and regulations provided herein are for the implementation of O.C.G.A. § 36-81-1 and § 36-81-3, which requires the Georgia Department of Affairs (DCA) to develop and adopt Uniform Charts of Accounts, hereinafter referred to as "Uniform Chart," to be used by all units of local government in the state. The intent of O.C.G.A. § 36-8-1 and § 36-81-3 is to provide a mechanism through which appropriate information may be collected to assist state and local policy makers in carrying out their lawful responsibilities and to provide for the collection and reporting of information so as to assist local taxpayers and local policy makers in understanding and evaluating local government service delivery and operations.

(2) Purpose. The purpose of this rule is to describe the Department's responsibilities regarding the implementation of the Uniform Chart, provide local governments with deadlines and procedures for notifying the Department of Community Affairs of their compliance with the provisions of O.C.G.A. § 36-81-3, outline procedures for local governments to follow in requesting authorization to crosswalk financial reporting, outline procedures for local governments to follow in requesting waivers of local government deadlines for adopting the Uniform Chart, and provide procedures for the Department's review of such requests from units of local government.

(3) Applicability. Pursuant to O.C.G.A. § 36-81-1et seq., the department shall develop and adopt local government uniform charts of accounts by December 31, 1998, after receiving approval of the State Auditor. All units of local government shall adopt and use the Uniform Chart within 18 months following adoption of the Uniform Chart by the Department of Community Affairs. The following pro- visions apply to the numbering system included in the Uniform Chart:

(a) The numbering system included in the Uniform Chart will be required by the Department for the filing of information by units of local government to be included in the report of local government finances as outlined in O.C.G.A. § 36-81-8 and Department Rules at Chapter 110-3-1-.01 and other local government surveys and reports administered by the Department.

(b) Use of the numbering system included in the Uniform Chart is recommended for local government accounting and financial reporting functions but is not required in order to be in compliance with the Uniform Chart.

O.C.G.A. Secs. 36-8-1, 36-81-3.

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