Ch. 603                                          LAWS OF MARYLAND

ANY COUNTY OR INCORPORATED CITY OR TOWN OR TAXING DISTRICT FAIL
OR REFUSE TO FILE THE AUDIT REPORTS AS PROVIDED IN THIS SECTION
WITH THE LEGISLATIVE AUDITOR WITHIN THE TIME PRESCRIBED OR FAIL
OR REFUSE TO IMPLEMENT A RECOMMENDATION OF THE LEGISLATIVE
AUDITOR CONCERNING THE FORMAT OR CONTENT OF THE AUDIT REPORT
SUBMIT AN AUDIT REPORT INCLUDING FINANCIAL STATEMENTS THAT HAVE
BEEN PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING
PRINCIPLES THAT HAVE BEEN AND AUDITED IN ACCORDANCE WITH
GENERALLY ACCEPTED AUDITING STANDARDS, THE STATE COMPTROLLER,
ACTING UPON THE ADVICE OF THE DIRECTOR OF THE STATE DEPARTMENT OF
FISCAL SERVICES, SHALL BE AUTHORIZED TO ORDER THE DISCONTINUANCE
OF PAYMENT OF ALL FUNDS, GRANTS, OR STATE AID WHICH THE COUNTY,
INCORPORATED CITY OR TOWN OR TAXING DISTRICT IS ENTITLED TO
RECEIVE UNDER STATE LAW. THIS PROVISION SHALL HAVE SPECIFIC
REFERENCE TO ALL FUNDS, GRANTS, OR STATE AID WHICH THE COUNTY,
INCORPORATED CITY OR TOWN OR TAXING DISTRICT IS ENTITLED TO
RECEIVE UNDER APPLICABLE PROVISIONS OF STATE LAW DISTRIBUTED BY
THE STATE COMPTROLLER, THE CLERKS OF THE COURT, OR OTHER UNITS OF
STATE GOVERNMENT.

(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 CREATED BY
AND SITUATED within the county which:

(1)  Is not subject to the provisions of subsection
(a) of this section;

(2)  Receives moneys which were collected by the
county from a county property tax levy imposed at the request of
the special taxing district;

(3)  Has annual expenditures of over $50,000; and

(4)  Has moneys disbursed and expended by a person or
body independent of the county government.

(c)  At a minimum, the rules and regulations required by
subsection (b) of this section 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.] BE CONDUCTED BY A CERTIFIED
PUBLIC ACCOUNTANT IN THE CAPACITY OF EITHER AN INDEPENDENT
AUDITOR OR OFFICIAL AUDITOR OF THE COUNTY WHO SHALL BE IN
COMPLIANCE WITH THE PROVISIONS OF ARTICLE 75A OF THIS CODE OR BY
AN AUDITING COMMITTEE APPROVED BY THE 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.

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