92nd General Assembly
Summary of SB1534
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Senate Sponsors:

House Sponsors:

Short description: 
SCH CD-FIN AUDIT OF REGION SUP                                             

Synopsis of Bill as introduced:
        Amends the  School  Code.  Provides  that  the  Auditor  General,      
   instead of the State Board of Education, shall annually cause an audit      
   to  be  made  of  the financial statements of all accounts, funds, and      
   other moneys  in  the  care,  custody,  or  control  of  the  regional      
   superintendent  of  schools  of each educational service region and of      
   each educational service center (other  than  an  educational  service      
   center serving the Chicago school district). Effective immediately.         
          FISCAL NOTE (Auditor General)                                        
          Estimated total fiscal impact of SB 1534 is $701,860 ($195,560       
          for in-house staff and $506,300 for contractual firms to con-        
          duct audits). The Auditor General Office anticipates no impact       
          on the General Revenue Fund since the funding to carry out           
          SB 1534 is currently in the State Board of Education's appro-        
          priation and would be transferred into the Auditor General's         
          appropriations to fund the audit function.                           
Last action on Bill: PUBLIC ACT.............................. 92-0544

   Last action date: JUN-12-2002

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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