DE HB186

Governor, Attorney General, Secretary of the Department, or General Assembly members may request the Auditor of Accounts conduct or contract for a charter school audit if there is evidence of a Public Integrity Commission finding regarding ethics violations or evidence of state law violations or misuse of state money.

Auditor of Accounts shall conduct or contract for charter school audits when requested under the conditions specified, and must comply with generally accepted accounting principles.

Auditor of Accounts shall file a written report of any audit conducted under these provisions with the Governor, Attorney General, Secretary of the Department, and legislative leadership, who must distribute it to General Assembly members and the Controller General.

Auditor of Accounts may not charge for audits conducted or contracted for under this act.

Charter schools remain subject to existing audit requirements by the Auditor of Accounts for other triggers, including financial audit opinions with material exceptions, going concern disclosures, material weaknesses, failure to maintain current IRS Form 990 filings, or existing fewer than 5 years under current and prior charter terms.