K-12 Audit Resource
Per Education Code Section 41024, a local agency that receives any funds pursuant to the Leroy F. Greene School Facilities Act of 1998 on or after April 1, 2017 and was apportioned on or after July 1, 2017 will have their project audited as required in this Education Code Section. Completed audit reports are to be submitted to the State Controller’s Office (SCO) for review and certification. Audit reports for Completed Projects, Reduction to Costs Incurred (RCI) projects, or Savings Usage are due one year from the final submission of the Final Form SAB 50-06 Expenditure Report to OPSC per Education Code Section 41024(a)(6). Audit reports for savings audits are due one year from the submission of the “Use of Savings” report to OPSC. To assist auditors conducting the local educational agency’s audit, the Office of Public School Construction has set up this resource page with crucial audit information on both a districtwide and project specific basis. For your use, below are links to documents that can be used with the goal of a successful and thorough audit.