45-1977. Annual financial statement and
audit
A. On or before December 1 of each year the board shall make a verified statement
of the financial condition of the authority as of June 30 of the preceding fiscal year,
showing particularly the receipts and disbursements during the fiscal year and the source
of the receipts and the purpose of the disbursements. The statement may be included in
and combined with the annual report prescribed by section 45-1923, subsection C.
B. Within thirty days after the close of each fiscal year the authority shall cause
an audit to be made of the funds of the authority by a certified public accountant. The
board shall file a copy of the audit with the auditor general. The auditor general may
make such further audits and examinations as he deems necessary and may take appropriate
action relating to the audit 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 deemed sufficient. The board shall pay any fees and costs of the certified
public accountant and auditor general under this section from the general fund of the
authority.
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