Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 321.0133 - Economy and Efficiency Audit An economy and efficiency audit is an audit to determine:
(1) whether the audited entity is managing or utilizing its resources, including state funds, personnel, property, equipment, and space, in an economical and efficient manner;(2) causes of inefficiencies or uneconomical practices, including inadequacies in management information systems, internal and administrative procedures, organizational structure, use of resources, allocation of personnel, purchasing, policies, and equipment; and(3) whether financial, program, and statistical reports of the audited entity contain useful data and are fairly presented.Tex. Gov't. Code § 321.0133
Added by Acts 1987, 70th Leg., ch. 862, Sec. 6, eff. 8/31/1987.