Bill Text: MS HB964 | 2016 | Regular Session | Introduced
Bill Title: School districts; require audit of all local, state and federal funds expended by.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2016-02-23 - Died In Committee [HB964 Detail]
Download: Mississippi-2016-HB964-Introduced.html
MISSISSIPPI LEGISLATURE
2016 Regular Session
To: Appropriations
By: Representative Dixon
House Bill 964
AN ACT TO AMEND SECTION 37-37-1, MISSISSIPPI CODE OF 1972, TO REQUIRE THAT UNIFORM SYSTEM OF ACCOUNTING USED BY THE STATE DEPARTMENT OF EDUCATION FOR THE AUDITING OF SCHOOL DISTRICTS INCLUDE A METHOD OF ACCOUNTING FOR AND KEEPING RECORDS OF ALL LOCAL, STATE AND FEDERAL FUNDS RECEIVED, HANDLED AND DISBURSED BY SUCH SCHOOL DISTRICT; TO AMEND SECTION 37-61-29, MISSISSIPPI CODE OF 1972, TO REQUIRE THE STATE DEPARTMENT OF AUDIT TO POST-AUDIT AND INVESTIGATE THE FINANCIAL AFFAIRS AND TRANSACTIONS INVOLVING THE LOCAL, STATE AND FEDERALLY APPROPRIATED SCHOOL FUNDS OF EACH SCHOOL DISTRICT IN THE STATE; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 37-37-1, Mississippi Code of 1972, is amended as follows:
37-37-1. The State
Department of Education is hereby authorized and directed to prescribe and
formulate for use by all school districts of this state, including municipal
separate school districts, adequate accounting systems and other essential financial
records which shall be uniform for all of the school districts of this state. * * * The uniform system shall include a
method of accounting for and keeping records of all local, state and federal
funds received, handled and disbursed by * * * a school district, whether derived
from taxation or otherwise, including funds derived from donations, athletic
events and other special activities of the school district. The uniform system
of accounts so prescribed and formulated by the State Department of Education
shall be distributed and disseminated to all of the school districts of this
state and it shall be mandatory that the boards of trustees of all * * * school districts install, utilize and
follow said uniform system of accounts in keeping the financial records of the
school district. At the request of the Mississippi Department of Education,
the Office of the State Auditor shall provide advice for implementation of this
section.
SECTION 2. Section 37-61-29, Mississippi Code of 1972, is amended as follows:
37-61-29. The State
Department of Audit is * * * shall post-audit and investigate
the financial affairs and all transactions involving the local, state and
federally appropriated school funds of * * * each school district in the
state, including the * * *minimum adequate education program fund and
supplementary district school funds, and to make separate and special audits
thereof, as now provided by Sections 7-7-201 through 7-7-215, Mississippi Code
of 1972.
SECTION 3. This act shall take effect and be in force from and after July 1, 2016.
