§ 11-30-03 — State auditor to make audit of financial conditions - Contents of audit

Within thirty days of the receipt of the registered or certified notice of the filing of a petition
for the disorganization of a county, the state auditor shall make and complete an audit of the
finances of the petitioning county and shall file an original and duplicate copy of the audit with
the county auditor of such county. The audit shall contain:
1. A statement of the taxable value of all taxable property in the county as of the last
annual assessment as equalized by the state board of equalization.
2. A statement of all the assets and the liabilities of the county and any assets available
for the retirement of any of said liabilities as of the date of the filing of the petition.
3. A statement for the last preceding completed fiscal year of the budget adopted, the
amount of tax levied, the amount and source of revenue receipts derived, the
expenditures made, and obligations incurred for each fund and purpose.
4. A statement containing such additional information as in the state auditor's judgment is
necessary to an understanding of the true financial condition of the county.