House Resolution No. by Representative Carlson directs the legislative auditor to perform a comprehensive fiscal audit of all state and federal funds spent by the Board of Regents and various boards of supervisors, colleges, and universities under their jurisdiction. This audit specifically focuses on expenditures related to the executive budget objective aimed at increasing the number of "underrepresented minority completers" from Fiscal Year 2021-2022 through Fiscal Year 2025-2026. The resolution outlines the need for accountability regarding public funds used for initiatives such as staff salaries, recruitment programs, scholarships, and data reporting infrastructure that support this objective.

The resolution mandates that the audit identify and quantify all relevant expenditures, including staffing costs, programmatic expenditures, administrative and technology costs, performance-based funding, and any federal grants tied to the "underrepresented minority completers" goal. The legislative auditor is required to produce a written report detailing the findings and a comprehensive accounting of the funds expended, which must be submitted to key legislative leaders and committees at least 90 days before the 2027 Regular Session.