February 4, 2004, Introduced by Rep. Palmer and referred to the Committee on Education.
A bill to amend 1976 PA 451, entitled
"The revised school code,"
(MCL 380.1 to 380.1852) by adding section 622a.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 622a. (1) In addition to the annual audit required
2 under section 622, an intermediate school district is subject to
3 an audit by the department of treasury under this section.
4 (2) The department of treasury shall conduct random financial
5 audits of intermediate school districts under this section as
6 follows:
7 (a) The department of treasury shall select the intermediate
8 school districts to be audited under this section on a random
9 basis.
10 (b) The department of treasury shall establish a date each
11 year on which it announces the intermediate school districts that
1 will be audited that year, and shall make that announcement on
2 that date. The department of treasury shall begin the audits
3 within 2 business days after the announcement.
4 (c) The department of treasury shall audit at least 5
5 intermediate school districts under this section every 2 years.
6 (d) An intermediate school board and intermediate school
7 district officials shall provide all information requested by the
8 department of treasury auditors and shall cooperate with them to
9 the fullest extent possible.
10 (e) The department of treasury shall submit a report of each
11 audit conducted under this section to the senate and house
12 standing committees having jurisdiction over education
13 legislation.