Auditing Expenses (1334DP) - Auditor of State
This bill requires Iowa state departments and agencies to directly reimburse the Auditor of State for audit and examination costs, shifting the funding responsibility from the state treasury. It applies to 13 specific departments and agencies, including Health and Human Services, Education, Transportation, and the State Board of Regents, as well as agencies receiving federal funds under the Single Audit Act. The bill mandates that the Auditor of State establish annual billing rates for audit services through formal rules. This changes how audit expenses are funded, ensuring departments cover costs they incur during audits rather than relying on state treasury funds.
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