§ 7175 Treasurer Financial Reporting Requirements

• •The treasurer must provide written financial reports to the board regularly.
• •These reports must be signed and filed with the secretary.
• •The district's accounts must be audited at least once a year by a qualified accountant.

A school district's treasurer prepares a yearly financial report showing how much money came in and was spent, signs it, files it with the secretary, and the board hires an independent accountant to check the books.

The treasurer must send the board a written report of all money received and paid, sign it, and file it. Once a year, an independent certified public accountant must audit the district's books to verify the numbers are correct.