Skip to content

804.50 Financial Audits

The Board shall cause an annual audit of the financial affairs of the District to be made in accordance with the statutes of the State of Iowa. Such examination shall cover the preceding fiscal year and shall include all funds of the District. Such examination may be made by the state auditor, or in lieu of an examination by the state auditor, the Board may employ certified public accountants to perform such audit. Such annual audit report shall be filed with the state auditor and shall remain on permanent file in the administrative office of the District.

Legal Reference:
Iowa Code ยง11.18 (1989), 11.19
281 Iowa Admin.
Code 12.3(10) (new standards).

Cross Reference:
801.90 Financial Accounting System
804.10 Secretary’s Monthly Report
804.20 Fiscal Management-Performance Measures

Adopted:
July 10, 1989

Reviewed:
August 18, 2003
March 21, 2011
November 21, 2016

Revised:
February 1, 1993
November 21, 2016