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Treasury highlights new school‑spending portal, flags backlog of cooperative endeavor agreements

2885633 · March 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Department of the Treasury reported a largely-fees funded budget and unveiled a new K–12 transparency portal his office will launch March 31; senators pushed the department on a backlog of cooperative endeavor agreements and on CEA reporting and outreach to small local entities.

The Senate committee reviewed the Department of the Treasury's FY26 budget on March 18 and heard that the office will launch a school transparency portal March 31 to publish detailed records of school system contracts, awards and orders.

Why it matters: The portal stems from legislation (Act 370, 2023) requiring public reporting of school system awards and is designed to make K–12 spending visible to parents, school boards and lawmakers. Treasury said the site will display every award, task order, MOU, cooperative endeavor agreement (CEA) and contract by district.

Unclaimed property and investments: Treasurer John Fleming and Chaz Nichols of Senate Fiscal…

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