15-271. Duties of auditor general for uniform
financial records system; annual report


A. The auditor general shall determine the accounting systems, accounting methods
and accounting procedures for utilization by school districts.


B. The auditor general in conjunction with the department of education shall
prescribe a uniform system of financial records for utilization by all school districts
each fiscal year.


C. The uniform system of financial records prescribed by the auditor general shall:


1. Provide for adjustment in consideration of existing capabilities available at a
reasonable cost to school districts.


2. Allow schools to maintain necessary records at a minimum cost.


3. Prescribe guidelines applicable to procurement practices for use by school
districts for amounts less than those prescribed in section 15-213, subsection A.


4. Prescribe methods for the apportionment of revenues, including apportionment of
various revenues to maintenance and operations, capital outlay and adjacent ways.


5. Prescribe methods for the apportionment of revenues in excess of the revenue
control limit in the same manner as the revenues in paragraph 4.


6. Prescribe guidelines for the apportionment of the pupil enrollment and
attendance as provided in section 15-808, subsection F.


7. Provide the department of education, the auditor general, the governor and the
legislature with sufficient uniform information to assist in determining equitable
distribution of state aid to school districts.


8. Provide information including at a minimum:


(a) The student count and maintenance and operation expenditures with separate
subsections for regular education programs, special education programs and operating
expenditures for pupil transportation.


(b) Capital outlay expenditures.


(c) Debt service and special projects of all school districts.


D. The auditor general shall inform any school district which fails to establish
and maintain the uniform system of financial records and shall detail in writing the
deficiencies of the school district system giving the district ninety days to correct the
deficiencies.


E. The auditor general shall report to the department of education any school
district which either fails to establish and maintain the uniform system of financial
records prescribed by the auditor general or fails to correct deficiencies in the system
within ninety days after receiving notice of the deficiencies.


F. A school district may but shall not be required to maintain or provide financial
records other than those prescribed by the auditor general.