Committee advances school financial oversight bill creating a statewide audit framework
House Bill 1164 would create a statewide fiscal monitoring and intervention framework for school systems, require annual audits and public posting of financial data, and add DOA and State Charter Commission nonvoting members to a state board audit committee; the committee voted to advance the bill.
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House Bill 1164 (LC492695S), presented by Floor Leader Wade (referred to in transcript), would establish a statewide fiscal monitoring and intervention system to identify and address financial risk in local school systems and state charter schools.
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