An Act relating to powers and duties of the Legislative Budget and Audit Committee; relating to public school financial information and audits; and establishing a public school financial data Internet website.
(S) <Bill Hearing Canceled> -- MEETING CANCELED --
Summary
The bill directs the Alaska Department of Education to issue a detailed yearly report on each public school’s academic progress and financial metrics. It also obligates every school district to have an independent audit of its accounts and to file the audit with the Legislative Budget and Audit Committee, with state funding withheld if they do not comply. Finally, it establishes a public website where this financial data will be posted for public access.
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