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§ 49-38-3 Contents of audit.

SD Codified L § 49-38-3 (2019) (N/A)
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49-38-3. Contents of audit. In each consumers power district, the auditor-general shall require audits pursuant to § 49-38-2 to set forth:

(1) The gross income from all sources of the district for the year previous;

(2) The gross amount of electrical energy supplied by said district;

(3) The amount expended during the previous year for maintenance;

(4) The amount expended during the previous year for plant investments;

(5) The amount of depreciation of the plant during the previous year;

(6) The cost of supplying electrical energy, including production cost, transmission cost and distribution cost;

(7) The number of employees as of December thirty-first of each year;

(8) The salaries paid; and

(9) All other facts necessary to give an accurate and comprehensive view of the cost of maintaining and operating the district.Source: SL 1950 (SS), ch 17, § 34; SDC Supp 1960, § 52.1734.

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§ 49-38-2 Annual audit by department of legislative audits--Filing with auditor-general--Cost of audit.
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§ 49-38-4 Time for audit--Furnishing information to auditor.