Section 41023 Of Article 2. Accounting Regulations, Budget Controls And Audits From California Education Code >> Division 3. >> Title 2. >> Part 24. >> Chapter 1. >> Article 2.
41023
. (a) Any agency organized pursuant to Article 1 (commencing
with Section 6500) of Chapter 5 of Division 7 of Title 1 of the
Government Code, the parties of which consist solely of school
districts and county offices of education, shall be subject to the
same restrictions as are applicable to school districts and county
offices of education, under that chapter, including the preparation
of budget and financial statements required by Article 1 (commencing
with Section 42100) and this article; the certifications required by
Article 3 (commencing with Section 42130) of Chapter 6 of Part 24;
the accounting and auditing requirements prescribed by Article 1
(commencing with Section 42100) and this article; and the expenditure
and appropriation controls prescribed by Chapter 9 (commencing with
Section 42600) of Part 24. This section does not apply to joint
powers agreements that are for the performance of the powers
described in Section 17567.
(b) Each agency described in subdivision (a) shall annually report
to their participating school districts and county superintendents
of schools on forms prescribed by the Superintendent of Public
Instruction.