Req. No. 5999 Page 1 1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
STATE OF OKLAHOMA
1st Session of the 5 8th Legislature (2021)
HOUSE BILL 1046 By: Kerbs
AS INTRODUCED
An Act relating to schools; amending 70 O.S. 2011,
Section 22-108, which relates to school district
audits; requiring posting of most recent audit on
school district website for public inspection; and
providing an effective date .
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. AMENDATORY 70 O.S. 2011, Section 22 -108, is
amended to read as follows:
Section 22-108. A. Each audit of the financial statements of a
school district required by the Oklahoma Public School Audit Law
shall be completed and the auditor 's opinion thereon shall be
submitted by the firm to the district board of educat ion within nine
(9) months after the close of the fiscal year of the district board
of education.
B. One copy of the auditor 's opinions and related financial
statements shall be maintained by the district board of education as
a public record for public i nspection at all reasonable times at the
office of the district board of education. A copy or a hyperlink to
Req. No. 5999 Page 2 1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
a copy of the most recent audit shall be posted on the school
district website for public inspection. All records shall be kept
at least five (5) years.
C. The district board of education shall forward a copy of the
auditor's opinions and related financial statements to the State
Board of Education and the State Auditor and Inspector within thirty
(30) days after receipt of the audit. The State B oard of Education
shall retain such copy in its office as a public record where it
shall be available for public inspection at all reasonable times.
D. The State Board of Education may make inquiries it deems
necessary to determine that each district boar d of education is
properly complying with the Oklahoma Public School Audit Law. If
within eleven (11) months after the end of the fiscal year of the
school district a copy of the auditor 's opinions and related
financial statements has not been received by the State Board of
Education and by the State Auditor and Inspector, an inquiry shall
be made by the State Auditor and Inspector as to why such auditor 's
opinions and related financial statements have not been filed,
pursuant to the provisions of Section 212A of Title 74 of the
Oklahoma Statutes. Should the State Auditor and Inspector find that
the district board of education has failed to cause an annual audit
of the financial statements and compliance requirements of the
school district to be commenced, the State Auditor and Inspector
shall make a written demand on the board to complete and file such
Req. No. 5999 Page 3 1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
annual audit of the financial statements and compliance requirements
of the school district within thirty (30) days of the date of such
demand.
SECTION 2. This act shall become effective November 1, 20 21.
58-1-5999 EK 01/12/21