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State board approves temporary rule tightening consequences for missing audits, citing district fiscal risk
Summary
The State Board approved a temporary rule change to Appendix H that shortens the threshold for serious financial sanctions and clarifies actions for districts with outstanding audits, citing persistent missing audits and a shortage of qualified audit firms.
The State Board of Education voted Jan. 15 to send a temporary rule to the Administrative Procedures Act process revising Appendix H of the accountability standards, a change MDE staff said is intended to strengthen remedies for districts that fail to submit required annual financial audits.
Agency staff explained the revision would return the threshold for the most serious sanctions to two consecutive serious financial findings (from the four-consecutive threshold adopted in 2011), and would explicitly distinguish minor violations (such as a single late audit or routine reporting errors) from serious violations (negative fund balances, less than 7% in the district…
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