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Committee adopts language requiring quarterly financial reports from boards and raises corrective-action threshold
3112629 · March 13, 2025
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Summary
Committee accepted language aligning reporting requirements in an appropriation bill to recently passed policy, adding quarterly reporting of revenue and expenses for each of 45 boards and raising the fund-balance corrective-action threshold from 25% to 50%.
Committee members unanimously agreed by unanimous consent to add language aligning appropriation reporting to recently passed policy (House Bill 152). The language requires quarterly reporting of…
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