HB 2563-S - DIGEST

(SUBSTITUTED FOR - SEE 2ND SUB)

     Requires the director of financial management to establish a program and strategic plan for the conduct of independent performance audits and yearly performance scoring of state agencies and their programs and functions.

     Authorizes the office of financial management to contract with public or private entities that have expertise in the conduct of public sector reviews to perform the audits and performance scoring.  Staff of the office of financial management or other agency staff may also conduct the audits.

     Provides that, in consultation with the governor's performance audit standards and scorecard commission, the office of financial management shall develop an implementation plan for a phased-in audit schedule for a program and periodic audit and scoring of all state government agencies, including higher education.

     Requires the director of financial management to submit the results of the performance audits, performance scoring, and any necessary implementing legislation to the governor and the legislature by November 1st of each year, and to release audit results and performance scoring to the public and provide public recognition for outstanding effort.