Veracruz

Código Financiero para el Estado de Veracruz de Ignacio de la Llave

Código Financiero para el Estado de Veracruz de Ignacio de la Llave (Gaceta Oficial del Estado de Veracruz, última consolidación Oct 2023) — combined fiscal code (código financiero form, not a separate ley de presupuesto); covers budget, revenue, taxation, debt, and fiscal responsibility in a single consolidated instrument; Ley de Fiscalización Superior y Rendición de Cuentas del Estado de Veracruz

Statute text →

Fiscal Transparency: 64/100 (good)
64
out of 100
limited
27 of 37 scored fields populated. Higher = stronger statutory transparency requirements.

Veracruz uses a distinctive 'Código Financiero para el Estado de Veracruz de Ignacio de la Llave' — a consolidated financial code combining budget, revenue, taxation, debt, and fiscal discipline provisions in a single instrument, rather than separate laws as used by most other states. This código financiero form (last consolidated Oct 2023) covers all FACTS 500 fiscal dimensions. Veracruz is one of only two Mexican states (with Estado de México) using this combined-code structure. The Auditoría Superior del Estado de Veracruz (ASEV) serves as SAI. Federal floor (LGCG/LDF) applies. Source: legisver.gob.mx timeout (confirmed on re-verify 2026-05-01); statute confirmed from CONAC/ASF secondary sources.

Transparency Requirements

Budget Publicationmax 12 pts

Budget publication required ✓ Yes
Budget published online ✓ Yes
Budget publication timeline
Machine-readable budget format
Draft budget required before adoption ✓ Yes

Expenditure Disclosuremax 12 pts

Expenditure disclosure required ✓ Yes
Expenditure granularity department
Public expenditure portal required ✓ Yes
Expenditure reporting frequency quarterly

Independent Auditmax 12 pts

Audit required ✓ Yes
Auditor independent of entity ✓ Yes
Auditor selection method appointed independent
Audit frequency annual
Audit reports public ✓ Yes
Audit scope financial performance

Contract & Procurementmax 10 pts

Public bidding required ✓ Yes
Contract publication required ✓ Yes
Bid award disclosure ✓ Yes
Beneficial ownership disclosure No

Debt & Liability Disclosuremax 10 pts

Debt disclosure required ✓ Yes
Pension liability disclosure
Contingent liability disclosure
Voter approval required for new debt No

Fiscal Reporting Frequencymax 10 pts

Interim reporting required ✓ Yes
Interim reporting frequency quarterly
Year-end report deadline 90 days after fiscal year
Citizens budget required

Enforcement & Oversightmax 10 pts

Non-compliance penalties ✓ Yes
Fiscal oversight body No
Whistleblower protections ✓ Yes
Legislative budget office No

Revenue & Tax Transparencymax 8 pts

Tax expenditure reporting
Revenue forecasting required ✓ Yes
Tax rate publication ✓ Yes
Fee schedule publication ✓ Yes

Compensation & Payrollmax 8 pts

Salary disclosure required ✓ Yes
Salary disclosure scope all
Pension benefit disclosure
Overtime reporting

Capital & Asset Disclosuremax 8 pts

Capital plan required ✓ Yes
Asset inventory required
Surplus asset disposal transparency

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