15-2092

15-2092. Audit

A. The school facilities board shall cause an annual audit to be made of the school
improvement revenue bond proceeds fund established by section 15-2083 and the school
improvement revenue bond debt service fund established by section 15-2084, including all
accounts and subaccounts in the funds. A certified public accountant shall conduct the
audit within ninety days after the end of the fiscal year.

B. The school facilities board shall immediately file a certified copy of the audit
with the auditor general. The auditor general may make any further audits and
examinations that are necessary and may take appropriate action relating to the audit or
examination pursuant to title 41, chapter 7, article 10.1. If the auditor general takes
no official action within thirty days after the audit is filed, the audit is considered
to be sufficient.

C. The school facilities board shall pay negotiated and approved fees and costs of
the certified public accountant and auditor general under this section from the revenue
bond debt service fund established by section 15-2084.