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SB 414 would strengthen financial oversight, auditor standards and authorizer duties for charter schools
Summary
Sen. Ashby’s SB 414 would add new audit standards, refine funding determinations, and strengthen authorizer oversight for flex/non‑classroom‑based charter schools to address recent fiscal abuses and audit recommendations.
Sen. Ashby presented SB 414, the Charter School Accountability Act, which would tighten fiscal oversight, revise funding‑determination processes for flex/non‑classroom‑based charter schools, set additional auditor training and oversight requirements, and clarify authorizer responsibilities.
The author said SB 414 incorporates recommendations from the Legislative Analyst’s Office, the State Controller and the California Charter Authorizing Professionals report and accepted committee amendments…
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