"High risk" means that the State Auditor has determined, based on any of the risk factors set forth in section 61121, that a local government agency has a significant potential for waste, fraud, abuse or mismanagement or has major challenges associated with its economy, efficiency, or effectiveness.
Cal. Code Regs. Tit. 2, § 61105
Note: Authority cited: Section 8546, Government Code. Reference: Section 8546.10, Government Code.