Arizona Laws 48-6436. Special audit; report
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A. The auditor general shall perform a special audit of the upper San Pedro water district that covers the first five years of the district’s operation and the operation of the district’s organizing board. The audit is due and shall be completed within six months after the close of the district’s fifth fiscal year.
Terms Used In Arizona Laws 48-6436
- Board: means the elected board of directors of the upper San Pedro water district formed pursuant to this chapter. See Arizona Laws 48-6402
- Director: means the director of water resources. See Arizona Laws 48-6402
- District: means the upper San Pedro water district formed pursuant to this chapter. See Arizona Laws 48-6402
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
B. The special audit shall examine the financing of the district, its revenues and expenditures and its level of performance in reaching its water management goal.
C. The auditor general shall submit its report of the special audit to the speaker of the house of representatives, the president of the senate and the governor and shall provide a copy to the director of the Arizona state library, archives and public records.