(A) Annual Report. The City shall submit an annual report that complies with the requirements of A.R.S. § 9-463.05(N) that account for the collection and use of development fees for each Service Area. A copy of the annual report shall be provided to the Goodyear City Clerk within 90 days of the end of the fiscal year, and a copy shall be posted on the City’s website and copies of the annual report shall be made available to the public upon request.

(B) Biennial Audit. If an Advisory Committee is not formed, the City shall, in addition to the Annual Report described in subsection (A) of this section, provide for a certified audit of the City’s Land Use Assumptions, Infrastructure Improvements Plan and development fees every two years ("Biennial Audit"). The biennial audit shall comply with the requirements of A.R.S. § 9-463.05(G)(2). The City shall post the findings of the audit on the City’s website and shall conduct a public hearing on the audit within 60 days of the release of the audit to the public. (Ord. 19-1416, passed 1-14-2019)