BLAIR LEE III, Acting Governor

1257

case may he, shall report the results of his or their audit
to the Legislative Auditor on such form or forms and in such
manner as the Legislative Auditor nay prescribe. This
report shall be made to the Legislative Auditor within 120
days after the close of the fiscal year of the county,
incorporated city or town and taxing district, or within six
months of the close of the fiscal year of a county,
incorporated city or town or taxing district having a
population of more than 500,000. Each year the Legislative
Auditor shall make a full and detailed report in writing to
the Comptroller and to the Director of the State Department
of Fiscal Services of the result of the examination of the
books, accounts, records and reports of each county,
incorporated city or town and taxing district, together with
such suggestions as he may think advisable to be made with
respect to methods of bookkeeping, changes in the uniform
system of municipal financial reporting and changes in the
reports of the counties, incorporated cities or towns and
taxing districts situated within this State. It shall also
be the duty of the Legislative Auditor to report all
violations by any county, incorporated city or town and
taxing district of the requirement and provisions specified
in the sections of this subtitle to the State Comptroller.

(B) EACH COUNTY SHALL ESTABLISH UNIFORM RULES AND
REGULATIONS FOR THE EXAMINATION AND AUDITING OF THE BOOKS,
ACCOUNTS, AND RECORDS OF EVERY SPECIAL TAXING DISTRICT
WITHIN THE COUNTY WHOSE FUNDS ARE DISBURSED AND EXPENDED BY

A PERSON OR BODY INDEPENDENT OF THE COUNTY GOVERNMENT AND

WHICH IS NOT SUBJECT TO THE PROVISIONS OF SUBSECTION (A) OF

THIS SECTION WHICH IS NOT__SUBJECT TO THE PROVISIONS OF

SUBSECTION (A) OF THIS SECTION AND (1) WHICH RECEIVES MONIES

WHICH__WERE COLLECTED BY THE COUNTY FROM A COUNTY PROPERTY

TAX LEVY IMPOSED__AT__THE REQUEST OF THE SPECIAL TAXING

DISTRICT; AND (2) WHICH MONIES ARE DISBURSED AND EXPENDED BY
A PERSON OR BODY INDEPENDENT OF THE COUNTY GOVERNMENT. AT A
MINIMUM, THE RULES AND REGULATIONS SHALL PROVIDE FOR THE
EXAMINATION AND AUDIT TO:

(1)    BE CONDUCTED BY A CERTIFIED PUBLIC
ACCOUNTANT, REGISTERED PUBLIC ACCOUNTANT, FISCAL AUDITING
REVIEW COMMITTEE, OR OFFICIAL AUDITOR OF THE COUNTY.

(2)    DETERMINE WHETHER TAX FUNDS HAVE BEEN
RECEIVED, DEPOSITED AND DISBURSED IN ACCORDANCE WITH
APPROVED APPROPRIATIONS AND STATE AND LOCAL LAW.

(3)    INCLUDE THE FOLLOWING FINANCIAL STATEMENTS:

(I) BALANCE SHEET;

(II)    STATEMENT OF REVENUES;

(III)   STATEMENT OF EXPENDITURES AND
ENCUMBRANCES; AND

(IV) STATEMENT OF CHARGES CHANGES IN FUND
BALANCE.