Dear AAI Member
As a result of not being properly funded, the State Board of Accounts is not able to audit governmental units on a regular schedule. There is legislation that may increase the fees associated to an audit by the SBOA and also language that may decrease the frequency of their audits. An AAI member has asked us to survey our membership with the following questions:
Do you use independent auditors to audit your financial records?
If yes, do you use them every year or just the years when SBOA does not audit the airport?
What are the average independent audit fees?
What are the SBOA fees?