Senate Sponsors: DEMUZIO-SHADID. House Sponsors: MAY-BIGGINS-SCHOENBERG-HANNIG-MATHIAS 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 END OF INQUIRY Full Text Bill Status