Current through Register Vol. 54, No. 25, June 22, 2024
Section 51.71 - Financial(a) Schools shall establish and maintain complete, accurate and detailed financial records, which shall include data pertaining to assets, liabilities, sources and amount of income, and the character and amount of expenditures.(b) Financial records shall be kept current and available for inspection during regular school hours by one or more representatives of the Board.(c) These records shall be audited annually. The results of the audit shall be on file at the school, be retained for at least 5 years, and be made available to the Board upon request.The provisions of this § 51.71 adopted June 11, 1968, effective 6/26/1969; amended October 22, 1976, effective 10/23/1976, 6 Pa.B. 2665.