enabling citizens in a municipality to vote to require that a financial audit of the local school district take place.

HB 1386 allows residents of a school district to petition for a financial audit if the district has a budget deficit. Specifically, citizens domiciled in the district can submit a petition with signatures from 1% of registered voters to their school board. If the petition qualifies, the school board must hold a vote on conducting a forensic audit within 90 days to identify the cause of the deficit. The audit results must then be shared at the next school board meeting. This bill directly affects school district residents and school boards in New Hampshire municipalities.