Bill Text | History of Actions | Background | Title |
Description: School district financial reports; require transparency in reporting expenditures for direct instructional purposes.
Bill Text: [Introduced]
| 1 | 01/13 (S) Referred To Education;Appropriations | |
| 2 | 01/31 (S) Died In Committee |
| Effective date | July 1, 2006 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths |
Senate Committees:
Principal Author: Chaney
Additional Author: Tollison
Code Sections: A 037-0003-0011, A 037-0061-0009, A 037-0009-0018, A 037-0061-0021, A 037-0007-0301, A 037-0037-0001, A 037-0037-0007, A 037-0061-0023, A 037-0061-0033
Title: AN ACT TO AMEND SECTION 37-3-11, MISSISSIPPI CODE OF 1972, TO REQUIRE THE STATEWIDE FINANCIAL REPORT BY THE STATE DEPARTMENT OF EDUCATION TO COMPLY WITH THE STANDARD THAT AT LEAST 65% OF TOTAL CURRENT OPERATIONAL EXPENDITURES SHALL BE EXPENDED FOR DIRECT STUDENT INSTRUCTION AND TO PROVIDE THAT SAID FINANCIAL REPORT SHALL BE PREPARED ON A SCHOOL DISTRICT BASIS; TO AMEND SECTIONS 37-9-18 AND 37-61-9, MISSISSIPPI CODE OF 1972, TO REQUIRE SCHOOL DISTRICTS TO COMPLY WITH APPROPRIATE FUNCTIONAL LEVEL EXPENDITURE CODES, TO REQUIRE AN ANNUAL AUDIT OF SUCH COMPLIANCE; TO AMEND SECTION 37-61-21, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR YEAR-END FINANCIAL DATA BY SCHOOL DISTRICTS; TO AMEND SECTIONS 37-7-301, 37-37-1, 37-37-7 AND 37-61-23, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE STATE DEPARTMENT OF EDUCATION SHALL PRESCRIBE THE FINANCIAL ACCOUNTING MANUAL FOR SCHOOL DISTRICTS; TO AMEND SECTION 37-61-33, MISSISSIPPI CODE OF 1972, TO AUTHORIZE TEACHERS TO CARRY FORWARD APPROVED CLASSROOM SUPPLY EXPENDITURES INTO SUBSEQUENT FISCAL YEARS; AND FOR RELATED PURPOSES.
End Of Document
2006/html/History/SB/SB2639.htm