Revises process for submission of annual school district audits.

This bill revises the annual audit process for New Jersey school districts, directly affecting school boards, public school accountants, and the Commissioner of Education. It extends the deadline for completing annual audits for the 2024-2025 school year (similar to prior extensions for 2022-2023 and 2023-2024), requiring school districts to make financial records available by July 1 annually. The bill grants the Commissioner flexibility to allow delayed submissions when districts face hardship due to missing information from state, federal, or other entities, permitting partial audits with plans to update later. It also directs the Commissioner to evaluate process improvements for earlier data collection within two years.