Relating to education; appropriating money; declaring an emergency.
Catchline/Summary:
Directs State Board of Education to establish system to assess financial management practices of school districts and education service districts. Directs State Board of Education to establish system to assess financial management practices of school districts and education service districts. Directs board to establish financial management advisory committee to advise board on administration of system.
Requires review of financial management practices of school districts once every six years. Provides exception for school districts certified to be best business practices districts. Directs school districts to implement action plan if found not to be in compliance with financial management practices standards.
Directs that amount received by school districts and education service districts from State School Fund may be reduced by amount expended by districts on supplemental retirement program.
Directs that calculation of transportation grant for purposes of State School Fund distribution be based on forecasted approved transportation costs. Specifies that school district may use funds received as transportation grant only for approved transportation activities and instructional services.
Creates School Transportation Efficiency Committee. Directs committee to make recommendations on state-required school transportation services and transportation finance methods.
Appropriates moneys from General Fund to Department of Education for review of financial management practices of school districts and education service districts and for administration of committee.
Declares emergency, effective July 1, 2007.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 2613 House Committee On Education House Subcommittee On Education Innovation
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