The fiscal year of the district shall coincide with the calendar year, except that a district with only one wholesale customer that is a city or a village may use the same fiscal year as the city or village. The board of directors, at the close of each year's business, shall cause an audit of the books, records, and financial affairs of the district to be made by a certified public accountant or firm of such accountants, who shall be selected by the district. The audit shall be conducted in the manner prescribed in section 84-304.01 . When the audit has been completed, written copies of the audit shall be placed and kept on file at the principal place of business of the district and shall be filed with the Auditor of Public Accounts within one hundred eighty days after the last day of the district's fiscal year.
Neb. Rev. Stat. § 70-623
Fiscal year; annual audit; filing
Applied in 1 court decision — leading case Aksamit Resource Mgmt. v. Nebraska Pub. Power Dist. (2018)
Most recently applied in Aksamit Resource Mgmt. v. Nebraska Pub. Power Dist. (February 2018)
Laws 1933, c. 86, § 5, p. 345; C.S.Supp.,1941, § 70-705; Laws 1943, c. 146, § 2(1), p. 519; R.S.1943, § 70-623; Laws 1944, Spec
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.