§ 5:506. Audit requirements.

(a)

The books and records of the district shall be audited each year by an independent certified public accountant in the same manner and to the same extent as the books and records of the city-parish are audited.

(b)

The board shall provide to the city-parish finance department, accounting division, by March of each year, an annual audit by an independent certified public accountant of all books and records of the district prepared at its own cost. This audit shall include comprehensive financial statements, including notes, prepared in accordance with generally accepted governmental accounting standards.

(c)

The board shall make available, upon request by the city-parish, for examination by the city-parish, all financial books and records of the district. The board shall additionally permit the city-parish to audit, examine and make excerpts or transcripts from such financial books and records, and to make audits of all such contracts, invoices, materials, payrolls, books, records and other financial data relating to the district at the sole expense of the city-parish.

(Ord. No. 9705, § 1, 9-8-93)