Code of VirginiaTitle 15.2. Counties, Cities and Towns4/25/2019 Chapter 25. Budgets, Audits and ReportsRead Chapter § 15.2-2500Uniform fiscal year for all localities and school divisions § 15.2-2501Establishment of funds for accounting and budgeting; separate depository and investment accounts not required § 15.2-2502Notification by state officials and agencies § 15.2-2503Time for preparation and approval of budget; contents § 15.2-2504What budget to show § 15.2-2505Budget may include reserve for contingencies and capital improvements § 15.2-2506Publication and notice; public hearing; adjournment; moneys not to be paid out until appropriated § 15.2-2507Amendment of budget § 15.2-2508Governing bodies may require information of departments, etc. § 15.2-2509Auditor to devise system of bookkeeping and accounting § 15.2-2510Comparative report of local government revenues and expenditures § 15.2-2511Audit of local government records, etc.; Auditor of Public Accounts; audit of shortages § 15.2-2511.1Return of local surplus funds § 15.2-2511.2Duties of local government auditors § 15.2-2512Audit of accounts of certain county officers, boards and commissions § 15.2-2513Special budget provisions