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Session 125 (2023-2024) Bill Number H 5100 - Amendment Number 7 Considered 29-OCT-2024 |
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S E N A T E A M E N D M E N T
AMENDMENT NO. _____
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Clerk of the Senate
ADOPTION NO. _____
BILL NO: H.5100 (Reference is to Printer's Date 04/23/24-S.)
04572000
Senator HEMBREE proposes the following amendment (SA\5100C005.JN.SA24.DOCX):
Amend the bill, as and if amended, Part IB, Section 1, DEPARTMENT OF EDUCATION, page 274, by striking proviso 1.3 (G), beginning on line 33, and inserting:
/ (G) To provide transparency, Revenue and Fiscal Affairs will document annually, through an online financial dashboard, the expenditure of all state, local, and federal funds by each district and by each charter school authorizer and other relevant data to include its fund balance and average fund balance for the reporting year. The districts shall report monthly, to the Department of Education, their monthly fund balance that will be used to calculate an average. To ensure that the public reporting meets the needs of educators, parents, citizens, and policymakers, the department, in conjunction with Revenue and Fiscal Affairs, will consult routinely with a group of educators, parents, citizens, and policymakers. District expenditures for the prior fiscal year must be published on the department's website for public disclosure by January 1./
Amend sections, totals and title to conform.