Directs the Board of Regents and certain Boards of Supervisors of public postsecondary education institutions to conduct a fiscal review of all state and federal funds expended in furtherance of certain executive budget objectives and to transmit their findings to the legislative auditor for consolidation into a written report to the legislature (EG SEE FISC NOTE GF EX)
Replaces
Directs the legislative auditor to conduct a comprehensive fiscal audit of all state and federal funds expended by the Board of Regents and certain boards of supervisors, colleges, and universities under its jurisdiction relative to certain executive budget metrics (OR SEE FISC NOTE GF EX)