§ 53-B:10 — Audits

The district committee shall hire a certified public accountant or a public accountant licensed by the state under RSA 309-A:8 to conduct a financial audit, in accordance with generally accepted governmental auditing standards as adopted by the U.S. General Accounting Office and applicable state statutes, to be completed within 6 months after the close of each fiscal year. Upon completion of an audit, the district committee shall review and vote on acceptance of the audit and send a copy of the audited financial statements, the auditor's opinion on those statements, a report on internal control, a report on compliance, and any other auditor reports to the governing body of each of the member municipalities and to the department of revenue administration. At least every 2 years, the district committee shall vote on whether to contract for a performance audit of the district in accordance with the generally accepted governmental auditing standards. Upon completion of a performance audit, the committee shall review and vote on acceptance of the audit and send a copy of the resulting materials to the governing body of each of the member municipalities and to the department of revenue administration.

Legislative History

1967, 331:1. 1973, 544:10. 1975, 439:23. 1989, 50:3. 1994, 367:13, eff. Aug. 8, 1994.