Governmental Accounting Amendments

HB 139 requires Utah's state auditor to create a standardized financial certification form for local government financial reports. It mandates that the chief financial officer (CFO) and chief administrative officer (CAO) of every political subdivision (like cities, counties, or school districts) must include this form with their annual financial report starting May 7, 2025. The bill amends Utah Code Section 11-50-201 to specify that these certifications - under penalty of perjury - must affirm the report fairly presents the entity's financial condition. This change standardizes the certification process across all local governments, updating existing reporting requirements without appropriating new funds.