New Hampshire SB586 mandates audits for chartered public schools, school administrative units, and cities or school districts not audited under RSA.

New Hampshire SB586 requires chartered public schools, school administrative units, and cities or school districts not audited under RSA 671:5 to undergo audits by an independent public accountant after the fiscal year. The audit reports must include balance sheets, revenue breakdowns, employee payroll details, and asset listings. These reports must be submitted to the department within nine months of the fiscal year's end and verified by the commissioner within three months. The commissioner can grant extensions for disputed items and withhold state grant funding for non-compliant entities.

New Hampshire SB586 mandates audits for chartered public schools, school administrative units, and cities or school districts not audited under RSA.

New Hampshire SB586 requires chartered public schools, school administrative units, and cities or school districts not audited under RSA 671:5 to undergo audits by an independent public accountant after the fiscal year. The audit reports must include balance sheets, revenue breakdowns, employee payroll details, and asset listings. These reports must be submitted to the department within nine months of the fiscal year's end and verified by the commissioner within three months. The commissioner can grant extensions for disputed items and withhold state grant funding for non-compliant entities.