Sec. 10a-91h. Audit of projects. Submission of results to Governor and General Assembly.
Sec. 10a-91h. Audit of projects. Submission of results to Governor and General Assembly. The board of trustees shall select and appoint independent auditors, as
defined in subdivision (7) of section 4-230, to annually conduct an audit of any project
of CSUS 2020, as defined in subdivision (4) of section 10a-91c. Such audit shall review
invoices, expenditures, cost allocations and other appropriate documentation in order
to reconcile project costs and verify conformance with project budgets, cost allocation
agreements and applicable contracts, and shall be submitted to the Governor and the
General Assembly in accordance with section 11-4a. The board of trustees shall ensure
that the auditors have unfettered access to any documentation the auditors need to review
any such project. The auditors appointed pursuant to this section may serve in such
capacity for five consecutive years and shall not be reappointed at the expiration of
such period. Any such auditor appointed pursuant to this section shall not perform any
nonaudit services for the system during such period.
(June Sp. Sess. P.A. 07-7, S. 108.)
History: June Sp. Sess. P.A. 07-7 effective July 1, 2008.