Section Rev 1908.03 - Form MS-60W, Audit Waiver Request(a) Form MS-60W, shall be used by the governing body of a municipality except a solid waste management district, with a population fewer than 750 to petition the department for a waiver of the annual audit requirement and to offer alternative procedures.(b) Alternative procedures shall, contain, at a minimum, the following: (1) Review of General Ledger Financial Records, Part 1 of Form MS-60; and(2) Review of Treasurer, Part 2 of Form MS-60.(c) Form MS-60W shall be filed 45 days before the end of the fiscal year for the year to which it applies by uploading it to the Municipal Tax Rate Setting Portal (MTRSP) or hand delivering it to the department at: Governor Hugh J. Gallen Office park South
109 Pleasant Street
Medical and Surgical Building
Concord, NH.
(d) The Commissioner shall deny the audit waiver request or approve the audit waiver request requiring additional procedures when:(1) Financial statements for current year or any of the 3 prior years in a deficit position;(2) There is an over expenditure of the voted budget;(3) No audit or an audit with numerous findings has been made in the past 3 years;(4) There are other repeated failures to file documents with the department timely or accurately;(5) There are other circumstances that indicate the financial controls, expenditures or records may be deficient.(e) The Commissioner shall approve the audit waiver request requiring additional procedures when additional procedures address the deficiencies and records in paragraph (d), above.N.H. Admin. Code § Rev 1908.03
#9826, eff 11/25/2010; ss by #10582, eff 5/2/2014; renumbered by #13078 (formerly Rev 1907.03).Amended by Number 15, Filed April 11, 2024, Proposed by #13918, Effective 3/29/2024, Expires3/29/2034 (see Revision Note at chapter heading for Rev 1900).