The books and all financial records reasonably related to enforcing the franchise shall be available for inspection by authorized representatives of Sierra County upon reasonable notice. No later than one year following the date of the granting of the franchise issued pursuant to the provisions of this chapter, the County Auditor or his/her designee shall conduct an audit of the books, accounts, and financial records of the franchisee for the purpose of ascertaining whether or not the accounting system of the franchisee is sufficient to adequately identify financial information concerning the operations and activities of the franchisee to permit administration of the franchise under the provisions of this chapter. Upon completion of the audit, the Auditor shall file a written report with the Clerk of the Board and shall mail copies thereof to the franchisee. The report shall contain a description of the franchisee’s accounting system, and description of such changes in the accounting system, as the Auditor deems necessary to permit adequate administration of the franchise under the provisions of this chapter. The franchisee shall make a reasonable effort to implement all changes in its revenue reporting system recommended by the Auditor’s report.
During the term of each franchise, the County Auditor or his/her designee shall, not more frequently than once each year and not less frequently than once at the conclusion of each three-year period, conduct an audit of the books, records and accounts of the franchisee for the purpose of determining whether the franchisee has paid franchisee fees in the amounts prescribed. The audit may be conducted by the County Auditor or by an independent certified public accounting firm retained by the Auditor, and shall be conducted at the sole expense of the county. The party conducting the audit shall prepare a written report containing its findings, and the report shall be filed with the Clerk of the Board of Supervisors and mailed to the franchisee.
Notwithstanding the foregoing, the Board may conduct such an audit at any time. The cost of such an audit so requested shall be borne by and at the sole expense of the county. The report of the audit shall be filed as prescribed above.
At any time during the term of a franchise, the Board of Supervisors may, through the County Auditor or a certified public accounting firm which it retains, and at its sole expense, conduct an audit of the books, records, and accounts of the franchisee for the purpose of identifying any information which the Board of Supervisors deems necessary to obtain for the purpose of administering the franchise under the provisions of this chapter. A written report of such audit shall be filed with the Clerk of the Board of Supervisors, and mailed to the franchisee. The franchisee shall comply with any recommendations or directives set forth in such report respecting changes in its revenue reporting system.