State budget could direct treasurer to review audits
Mon, 16 Apr 2012 21:35:14 GMT —
COLUMBIA, S.C. (AP) -- South Carolina Treasurer Curtis Loftis says putting his office in charge of audit findings could save the state money and fix problems before they become a crisis.
Loftis told The Associated Press on Monday too many audits of state agencies are put on a shelf without proper review, and someone specific needs to be responsible for following through on problems and recommendations.
The House's budget plan for 2012-13 includes a paragraph directing the treasurer to follow up on any audit of a state agency or public college and collect any savings.
Senate Majority Leader Harvey Peeler calls it a good, commonsense idea.
Gov. Nikki Haley vetoed a similar budget clause last year, saying giving such authority to the treasurer is unnecessary and that part of it conflicted with state law.
(Copyright 2012 by The Associated Press. All Rights Reserved.)