Answer

A.1. Yes, the level of review for this Fiscal Year is based only on the revenues actually collected in this fiscal year which was only the 5 month period the district began receiving its funding (02/19 -06/19). A.2. LGBA requires that a budget be adopted and funds appropriated before they can be spent. Therefore, the district must pass a budget for this Fiscal Year, otherwise they will not be able to spend any money – for administrative startup costs, payroll, for engaging their auditor, etc. Louisiana Legislative Auditor website: 05/05/2026 09:44:56 AM