15-272. Duties of department of education for
uniform system of financial records
A. The department of education shall advise and consult with the auditor general in
the preparation and implementation of a uniform system of financial records.
B. The state board of education, on report from the auditor general, shall
determine whether school districts are maintaining the uniform system of financial
records. If the state board of education determines that a school district is not in
compliance with the uniform system of financial records or has failed to correct a
deficiency within ninety days after receiving notice from the auditor general, the state
board of education shall direct the superintendent of public instruction to withhold up
to ten per cent of the portion of state monies to the school district for each violation
from the date of the determination until such time as the auditor general reports
compliance with the uniform system of financial records. The auditor general and the
department of education shall assist the school district to achieve compliance during
such period.
C. The general budget limit and maintenance and operations section of the budget
for the current year and for the budget year if the school district is not in compliance
before the end of the current year, shall be reduced by the amount determined in
subsection B until the state board of education determines that the school district is in
compliance.
D. If compliance is determined by the state board of education in the same year as
the determination of noncompliance or in the first year after the fiscal year of the
determination of noncompliance, the resulting adjustment to budgeted maintenance and
operations and to the general budget limit may be applied to the fiscal year of the
determination of noncompliance equal to the amount adjusted in that fiscal year or to the
current year equal to the amount adjusted in the current year. Previously withheld monies
that resulted from the determination of noncompliance shall be returned in the year
compliance is determined.
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