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State board adopts tougher audit rule, pledges triage for districts missing financial audits
Summary
The Mississippi State Board of Education adopted a new administrative rule (Adm. Code 7.24) to strengthen consequences and triage for districts that miss required financial audits, while staff acknowledged capacity limits and a statewide shortage of audit firms.
The Mississippi State Board of Education on March 19 adopted a change to Mississippi Administrative Code 7.24 aimed at enforcing timelier financial audits and providing a structured process to triage districts with outstanding audits.
Dr. Paula Vandivert, who introduced the item, told the board staff opened a public-comment period that ran Jan. 16'Feb. 18 and concluded staff "felt like there were no revisions needed to the policy as proposed by the state board" because the rule's placement of "may" and "shall" language gives MDE discretion to weigh each district's circumstances when…
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