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Committee approves SB145 amendment to consolidate federal single-audit reporting for state agencies
Summary
The committee adopted an amendment to SB145 directing DFA to compile federal single-audit reporting for state agencies (not local public bodies), adding confidentiality and drafting clarifications; opponents warned consolidation could reduce oversight and audit coverage.
The Senate Finance Committee advanced an amended version of SB145 that would consolidate federal single-audit compliance reporting for state agencies under the Department of Finance and Administration (DFA) rather than have each agency file separately. Mark Milhoft (state controller and financial control director) described the amendment’s line edits: clarifying that DFA would 'engage' rather than 'conduct' audits (so the audits themselves remain performed by…
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