Florida Senate - 2023                        COMMITTEE AMENDMENT
       Bill No. SB 7014
       
       
       
       
       
       
                                Ì940374-Î940374                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/28/2023           .                                
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       The Committee on Appropriations (Martin) recommended the
       following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 197 - 248
    4  and insert:
    5         (a)1. Subject to appropriation, funding may be provided for
    6  the operational and instructional services for students enrolled
    7  in the Florida Scholars Academy.
    8         2. The Florida Scholars Academy may receive all federal
    9  funds for which it is eligible.
   10         (b) The secretary of the department shall prepare and
   11  submit a legislative budget request on behalf of the Florida
   12  Scholars Academy as part of the department’s legislative budget
   13  request. The request of funds may be for operation and fixed
   14  capital outlay, in accordance with chapter 216.
   15         (c) The fiscal year for the Florida Scholars Academy is the
   16  state fiscal year as defined in s. 216.011(1)(o).
   17         (6) STATE CREDIT LIMITATION.—The credit of the state may
   18  not be pledged under any circumstance on behalf of the Florida
   19  Scholars Academy.
   20         (7) ANNUAL AUDIT.—
   21         (a) The Florida Scholars Academy must have an annual
   22  financial audit of its accounts and records conducted by an
   23  independent auditor who is a certified public accountant
   24  licensed under chapter 473. The independent auditor shall
   25  conduct the audit in accordance with rules adopted by the
   26  Auditor General pursuant to s. 11.45 and, upon completion of the
   27  audit, shall prepare an audit report in accordance with such
   28  rules. The audit report must include a written statement by the
   29  board of trustees describing corrective action to be taken in
   30  response to each of the independent auditor’s recommendations
   31  included in the audit report.
   32         (b) The independent auditor shall submit the audit report
   33  to the board of trustees and the Auditor General not later than
   34  9 months after the end of the preceding fiscal year.
   35         (c) The board of trustees shall respond to recommendations
   36  included in the audit report or received directly from the
   37  Auditor General with evidence of corrective action within 45
   38  days after receipt of the recommendations.