Annually, the Commissioner of Education shall randomly select one state charter school, as defined in subdivision (3) of section 10-66aa, to be subject to a comprehensive financial audit conducted by an independent auditor selected and monitored by the commissioner. Except as provided in subsection (d) of section 10-66ee, the charter school shall be responsible for all costs associated with the audit conducted pursuant to the provisions of this section.
(June Sp. Sess. P.A. 07-3, S. 15; P.A. 12-116, S. 30; P.A. 15-239, S. 4.)
History: June Sp. Sess. P.A. 07-3 effective July 1, 2007; P.A. 12-116 made a technical change, effective July 1, 2012; P.A. 15-239 added “independent” and “and monitored”, and made technical changes, effective July 1, 2015.