12-5254.   Same; performance and evaluation reports,requirements; audits of certain financial transactions.(a) Each city or county shall submit to the corporation, ata timedetermined by the corporation, a performance and evaluation report concerningthe use of grant funds made available under this act, together with anassessment by the city or county of the relationship of such use to the housingdevelopment activities identified in the city's or county's statement undersubsection (b)ofK.S.A. 2009 Supp.12-5253, and amendments thereto. The city's or county'sreport shallindicate anevaluation of the housing development activities, the nature of and reasons forany changes in such activities and an evaluation of the use of the grantfunds for such activities. The corporation shall, at least on an annual basis,make such reviews and audits as may be necessary or appropriate to determine:

      (1)   Whether the city or county has carried out its housing developmentactivities in atimely manner;

      (2)   whether the city or county has carried out those activities and itscertificationsin accordance with the requirements of this act and all federal, state andlocal laws; and

      (3)   whether the city or county has a continuing capacity to carry out thoseactivitiesin a timely manner.

      (b)   Insofar as they relate to grant funds provided under this act,the financial transactions ofcities or counties may be audited under such rules andregulations as may be adopted by the corporation. The corporation shall reportthe final results of any audits conducted pursuant to this section to the statelegislature, the governor and the secretary of revenue during the legislativesession immediately following the audit.

      History:   L. 2008, ch. 92, § 5; Apr. 24.