School Finance

FY2008-09 Audits and Financial Reviews Due June 30, 2010

Tuesday, June 1, 2010, 10:31 am

In accordance with 2-7-503, MCA, a school district that receives $500,000 or more of total revenues in all funds is required to have an audit.  A school district with less than $500,000 of total revenues in all funds must have a financial review at least once every four years as requested by the Office of Public Instruction and the Department of Administration, Local Government Services Bureau.  A school district that spends $500,000 or more in federal expenditures is required to have an A-133 audit.

A-133 audits for FY2008-09 were due March 31, 2010.  All other audits and financial reviews for FY2008-09 are due June 30, 2010.

For more information, contact Rebecca Phillips, (406) 444-0783