An independent audit of the school department's accounts should be conducted annually. Such audits shall be made by a certified public accountant or firm or such accountants who have no personal interest, direct or indirect, in the fiscal affairs of the Town government or any of its officers. In addition, the Committee may request a private audit of the school district's accounts at its discretion.
The audit will be conducted during the months of September, October and November. Financial statements will be completed no later than the end of December for the previous fiscal year.
The Committee will consider recommendations made by the auditor for maintaining an efficient system for recording and safeguarding the school department's assets.
Adopted: January 7, 2019