C.R.S. Section 29-1-604
Exemptions

(1)

Any local government where neither revenues nor expenditures exceed one hundred thousand dollars in any fiscal year commencing on or after January 1, 1998, may, with the approval of the state auditor, be exempt from the provisions of section 29-1-603.

(2)

Intentionally left blank —Ed.

(a)

Any local government where revenues or expenditures for any fiscal year commencing on or after January 1, 2004, but prior to January 1, 2015, are at least one hundred thousand dollars but not more than five hundred thousand dollars may, with the approval of the state auditor, be exempt from the provisions of section 29-1-603.

(b)

Any local government where revenues or expenditures for any fiscal year commencing on or after January 1, 2015, are at least one hundred thousand dollars but not more than seven hundred fifty thousand dollars may, with the approval of the state auditor, be exempt from the provisions of section 29-1-603.

(3)

The governing body of any local government wishing to claim exemption from the audit requirements pursuant to subsection (1) or (2) of this section shall file an application for exemption from audit. Any application filed pursuant to subsection (1) of this section shall be prepared by a person skilled in governmental accounting. Any application filed pursuant to subsection (2) of this section shall be prepared by an independent accountant with knowledge of governmental accounting. Any application filed pursuant to this subsection (3) shall be completed in accordance with regulations issued by the state auditor and shall be personally reviewed, approved, and signed by a majority of the members of the governing body. The application is to be filed with the state auditor within three months after the close of the local government’s fiscal year. No exemption shall be granted prior to the close of said fiscal year. Failure to file such application shall cause the local government to lose its exemption from the provisions of section 29-1-603 for that fiscal year and the ensuing fiscal year.

Source: Section 29-1-604 — Exemptions, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-29.­pdf (accessed Oct. 20, 2023).

29‑1‑101
Short title 29‑1‑102
Definitions 29‑1‑103
Budgets required 29‑1‑104
By whom budget prepared 29‑1‑105
Budget estimates 29‑1‑106
Notice of budget 29‑1‑107
Objections to budget 29‑1‑108
Adoption of budget - appropriations - failure to adopt 29‑1‑109
Changes to budget - transfers - supplemental appropriations 29‑1‑110
Expenditures not to exceed appropriation 29‑1‑111
Contingencies 29‑1‑112
Payment for contingencies 29‑1‑113
Filing of budget 29‑1‑114
Record of expenditures 29‑1‑115
Violation is malfeasance - removal 29‑1‑201
Legislative declaration 29‑1‑202
Definitions 29‑1‑203
Government may cooperate or contract - contents 29‑1‑203.5
Separate legal entity established under section 29-1-203 - legal status - authority to exercise special district powers - additional financing powers 29‑1‑204
Establishment of separate governmental entity 29‑1‑204.2
Establishment of separate governmental entity to develop water resources, systems, facilities, and drainage facilities 29‑1‑204.5
Establishment of multijurisdictional housing authorities 29‑1‑205
List of contracts - contracts establishing power authorities 29‑1‑206
Law enforcement agreements 29‑1‑206.5
Emergency services - agreements - immunity from liability - definitions 29‑1‑301
Levies reduced - limitation 29‑1‑302
Increased levy - submitted to people at election 29‑1‑304.5
State mandates - prohibition - exception 29‑1‑304.7
Programs delegated by the general assembly - termination or reduction - requirements 29‑1‑304.8
Programs not delegated by the general assembly 29‑1‑304.9
Fiscal note 29‑1‑306
] 29‑1‑401
Associations formed - purpose 29‑1‑402
Instrumentality of subdivision 29‑1‑403
Legislative representation - expenses - definitions 29‑1‑501
Short title 29‑1‑502
Definitions 29‑1‑503
Appointment of advisory committee - powers and duties 29‑1‑504
State auditor - powers and duties 29‑1‑505
Annual compendium 29‑1‑506
Continuing inventory 29‑1‑601
Short title 29‑1‑602
Definitions 29‑1‑603
Audits required 29‑1‑604
Exemptions 29‑1‑605
Contents of report 29‑1‑606
Submission of reports 29‑1‑607
Duties of state auditor 29‑1‑608
Violations - penalties 29‑1‑701
Short title 29‑1‑702
Legislative declaration 29‑1‑703
Definitions 29‑1‑704
Construction of public projects - competitive sealed bidding 29‑1‑705
Agency of local government to submit cost estimate 29‑1‑706
Finality of determinations 29‑1‑707
Prohibition of dividing work of state-funded public project 29‑1‑801
Legislative declaration 29‑1‑802
Definitions 29‑1‑803
Deposit of land development charge 29‑1‑804
Exceptions - state-mandated charges 29‑1‑901
Definitions 29‑1‑902
Local government-financed entity - records - public inspection 29‑1‑1001
Moratorium on taxes, fees, and charges - internet and online services - definitions 29‑1‑1002
Mobile telecommunications services - taxation by local governments - remedies - definitions 29‑1‑1101
Definitions 29‑1‑1102
Delinquency charges 29‑1‑1201
Legislative declaration - matter of statewide concern 29‑1‑1202
Local limits on time or frequency of religious meetings - definitions 29‑1‑1203
Applicability to other local laws 29‑1‑1301
Federal funds received by local governments - enterprises - definitions 29‑1‑1401
Authority of a local government to enact minimum wage laws - definition 29‑1‑1501
Legislative declaration 29‑1‑1502
Definitions 29‑1‑1503
Identifying barriers to entry for historically underutilized businesses in local government procurement - pilot program 29‑1‑1601
Nondisclosure agreements - protection of local government employees - definitions
Green check means up to date. Up to date

Current through Fall 2024

§ 29-1-604’s source at colorado​.gov