The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
DISCLAIMER
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
41-1279.06 - Audit services revolving fund; use; exemption from lapsing
41-1279.06. Audit services revolving fund; use; exemption from lapsing
A. The audit services revolving fund is established. The auditor general shall administer the fund. The fund consists of any monies received by the auditor general from:
1. State budget units for audits of federal funds required under federal law and federal rules and regulations.
2. State budget units and counties, community college districts and school districts for which the auditor general performs special audits, financial statement audits or audits of federal funds received under federal laws, rules and regulations or provides accounting services.
3. Counties where the auditor general conducts a performance audit of the transportation excise tax as prescribed by section 41-1279.03.
4. Any other source authorized by law.
B. The auditor general shall use the fund monies for the purpose of conducting audits required under federal law, special audits or financial statement audits or accounting services requested by state budget units and counties, community college districts and school districts or to pay for certified public accountants to conduct such audits or provide such services.
C. Monies in the audit services revolving fund are exempt from the provisions of section 35-190, relating to lapsing of appropriations.