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PARRIS N. GLENDENING, Governor
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S.B. 503
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town or taxing district may request the Legislative Auditor to audit its books, records
and reports. If the request is approved, the costs of the examination shall be borne by
the audi tee. The results of the audit shall be reported, subject to § 2-1246 of the State
Government Article, to the Legislative Auditor on such form or forms and in such
manner as the Legislative Auditor may prescribe. This report shall be made to the
Legislative Auditor by November 1 after the close of the fiscal year, except that the
report may be made to the Legislative Auditor by January 1 after the close of the
fiscal year for a county, incorporated city or town or taxing district having a
population of more than 400,000. An audit report filed with the Legislative Auditor is
a public record under the provisions of § 10-611 of the State Government Article.
Each year the Legislative Auditor shall review the audit reports submitted and shall
make a full and detailed report in writing to the State Comptroller and, subject to §
2-1246 of the State Government Article, to the Executive Director of the State
Department of Legislative 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 financial
reporting and changes in the reports of the counties, incorporated cities or towns and
taxing districts. In conducting the reviews specified in this section, the Legislative
Auditor may review the working papers and other documentation of the auditor, As a
result of the Legislative Auditor's reviews, audit reports, working papers, or other
documentation may be referred to the State Board of Public Accountancy for action as
prescribed in the Maryland Public Accountancy Act. 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 and, subject to § 2-1246 of the State Government
Article, to the Executive Director of the State Department of Legislative Services.
Should 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 submit an audit report including financial
statements that have been prepared in accordance with generally accepted
accounting principles and audited in accordance with generally accepted auditing
standards, the State Comptroller, acting upon the advice of the Executive Director of
the State Department of Legislative 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.
(2) [The] UNLESS THE LEGISLATIVE AUDITOR DETERMINES, ON A
CASE-BY-CASE BASIS, THAT MORE FREQUENT AUDITS ARE REQUIRED, THE
Legislative Auditor may authorize an incorporated city or town or taxing district
created by the State with annual revenues of less than $50,000 in the prior 4 fiscal
[year] YEARS to have an audit conducted [on a biennial basis, to cover 2 fiscal] ONCE
EVERY 4 years.
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- 3923 -
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