The authority shall do all of the following:
(a)
Adopt an annual budget.(b)
Cause a postaudit of the financial transactions and records of the authority and of all revenues expended pursuant to this division to be made at least annually by a certified public accountant.(c)
Do any and all things necessary to carry out the purposes of this division.
Source:
Section 150104, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=150104..