Greater flexibility for public audits approved
Certain audits currently required to be performed annually or biennially will be performed when the state auditor deems them necessary under a bill passed April 20.
Under LB337, introduced by Lincoln Sen. Tony Fulton, the following audits will be conducted when the auditor of public accounts determines them necessary:
- State Highway Commission;
- Nebraska Motor Vehicle Industry Licensing Fund;
- aid given to Indians for law enforcement and jail operations;
- funds expended by the Motor Fuel Tax Enforcement and Collection Division;
- post audits of investment transactions for the Nebraska State Funds Investment Act; and
- money received from the sale of cigarette stamps and tax meter impressions.
LB337 passed 46-0.