E. District Auditing Committee

1340. The district board of administration shall provide for the auditing of all district treasurers’ books annually. Audits shall be conducted on the records and funds of the district treasurer (1337:8) and all other treasurers of district boards or agencies having custody of district funds. The audit reports shall be submitted to the district board of administration for adoption. After appropriate review, the district board of administration shall submit the reports to the district conference.