2004 House Bill 5457 ↩

House Roll Call 736: Passed

To require the Department of Treasury to oversee and pay for random financial audits of at least five Intermediate School Districts (ISDs) every two years, with the targeted districts announced in advance, and the audits performed by independent auditors hired by the ISD. The audits would focus on the ISD’s accounts; financial records; accounting procedures; adherence by personnel to ethics, conflict of interest, and employee travel policies; competitive bid procedures; Freedom of Information Act responsiveness and charges; executive compensation matters; and the purchase of gifts, food, and other items not used for instructional purposes. Violations would be referred to the Attorney General, and serious violations would trigger at least civil suits to recover improperly expended tax dollars.