Michigan Compiled Laws
331-1966-2-11 - Chapter 11 General Powers and Duties of Districts (389.101...389.145)
Section 389.143 - Board of Trustees; Audit of Accounts.

Sec. 143.
The board of trustees shall provide for a system of accounting meeting the approval of the state board of education. All accounts shall be audited once each year by a certified public accountant and a summary of the audit shall be published in a newspaper of general circulation in the community college district. The fiscal and accounting year shall commence with July 1 in each year. Copies of the reports of audits shall be filed as required by the state board of education and shall be available at all reasonable times for public inspection, as a condition of receiving any state aid for the subsequent fiscal year.
History: 1966, Act 331, Eff. Oct. 1, 1966 Compiler's Notes: For transfer of certain powers and duties vested in the department of career development or its director, relating to powers and duties of state board of education or superintendent of public instruction to the department of labor and economic growth, see E.R.O. No. 2003-1, compiled at MCL 445.2011.

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 389 - Community Colleges

Act 331 of 1966 - Community College Act of 1966 (389.1 - 389.195)

331-1966-2 - Part 2 (389.101...389.195)

331-1966-2-11 - Chapter 11 General Powers and Duties of Districts (389.101...389.145)

Section 389.101 - Community College Districts; Provisions Governing.

Section 389.103 - Community College as Corporate Entity.

Section 389.105 - Definitions.

Section 389.107 - Administering, Conducting, and Canvassing Election and Special Election.

Section 389.109 - Community College District; Legal Name.

Section 389.111 - Board of Trustees; Time, Place, and Notice of Meetings; Election and Terms of Officers; Conducting Business in Compliance With Open Meetings Act.

Section 389.112 - Board of Trustees; Compensation; Expenses.

Section 389.113 - Board of Trustees; Quorum; Vote Required; Conducting Business at Public Meeting; Record of Meeting; Availability of Record to Public; Duties of Chairperson, Secretary, and Treasurer.

Section 389.114 - Board of Trustees; Bonds of Officers and Employees.

Section 389.121 - Board of Trustees; General Powers.

Section 389.122 - Board of Trustees; Powers.

Section 389.122a - Energy Conservation Improvements; Reports; Forms.

Section 389.123 - Board of Trustees; Powers.

Section 389.123a - Applicant Serving or Has Served in Military, National Guard, or Military Reserves, or Is Spouse or Dependent; Question to Be Included in Admission Application.

Section 389.123b - Admission Applicant Serving or Served as Member of Military, National Guard, or Military Reserves; Duties of Board of Trustees; "Transcript' Defined.

Section 389.124 - Board of Trustees; Additional Powers.

Section 389.125 - Board of Trustees; Payment of Claims Against Community College District; Gifts; Bylaws.

Section 389.126 - Board of Trustees; Acquiring Lands or Erecting or Equipping Buildings; Financing.

Section 389.127 - Board of Trustees; Borrowing Money and Issuing Obligations; Purpose; Pledging State Appropriations; Pledging Full Faith and Credit of District; Limitations; Notes or Obligations as First Budget Obligation; Pledge as Statutory Lien;...

Section 389.128 - Public Safety Officers or Police Officers; Grant of Powers and Authority; Public Hearings; Public Safety Advisory Committee.

Section 389.129 - Public Safety Officers or Police Officers; Jurisdiction.

Section 389.130 - Public Safety Officers or Police Officers; Minimum Standards.

Section 389.131 - Monthly Uniform Crime Reports.

Section 389.141 - Board of Trustees; Annual Budget, Estimate.

Section 389.142 - Investment of Funds; Restrictions; Commingling Prohibited; Disposition of Earnings; Limitation on Investment or Deposit of Funds; Compliance With Divestment From Terror Act; Definitions.

Section 389.143 - Board of Trustees; Audit of Accounts.

Section 389.144 - Levy and Collection of Taxes; Use of Funds; Limitation; Determination and Certification of Rate and Amount of Taxes; Manner and Time of Levy and Collection; Summer Property Tax Levy; Applicability of Subsection (3); Disposition of M...

Section 389.145 - Community College District; Exemption From Taxation; Special Assessments.