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Committee backs audit bill for charter schools; commission says annual audits already occur
Summary
The Senate Education committee voted to pass SB494, a bill requiring financial audits of each charter school by Budget and Finance in collaboration with the auditor, after the Charter School Commission told the committee that independent annual audits already occur under statute.
The Senate Education committee recommended passage of SB494 with amendments after hearing testimony from the Hawaii Public Charter School Commission clarifying the commission’s existing financial audit processes.
PJ Forrer, executive director of the Public Charter School Commission, told the committee that charter schools currently undergo annual independent financial audits in accordance with statute and…
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