Legislative Audit Committee. The bill modifies monthly
financial reporting requirements for the department of transportation to:
•
Require the department to include in the monthly report that it submits to the state controller under current law: •
Sufficient financial information for the controller to complete a review of legal overexpenditures, any
deficit fund balances, and a budget to actual report for all budget lines within the annual general appropriations act; and
•
Any additional information that is deemed reasonable and necessary by the controller; and
•
Require the department to submit a monthly budget report to the transportation commission of the expenditures made from each budget category and the unexpended and unencumbered balance of each budget subcategory and to make each report publicly available on the department's website.
