California Assembly Bill AB646 Introduced / Bill

 BILL NUMBER: AB 646INTRODUCED BILL TEXT INTRODUCED BY Assembly Member McCarty FEBRUARY 24, 2015 An act to amend Section 42100 of the Education Code, relating to education finance. LEGISLATIVE COUNSEL'S DIGEST AB 646, as introduced, McCarty. Education finance: school districts: financial statements. Existing law, on or before September 15, requires the governing board of each school district to approve, as specified, an annual statement of all receipts and expenditures of the school district for the preceding fiscal year and file the statement, along with annual statements received from charter schools, as specified, with the county superintendent of schools. Existing law, on or before October 15, requires the county superintendent of schools to verify the mathematical accuracy of the statements and transmit a copy to the Superintendent of Public Instruction. This bill would make nonsubstantive changes to those provisions. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 42100 of the Education Code is amended to read: 42100. (a) On or before September  15,   15 of each year,  the governing board of each school district shall approve, in a format prescribed by the  Superintendent of Public Instruction,   Superintendent,  an annual statement of all receipts and expenditures of the  school  district for the preceding fiscal  year   year,  and shall file the statement, along with the statement received pursuant to subdivision (b), with the county superintendent of schools. On or before October  15,   15 of each year,  the county superintendent of schools shall verify the mathematical accuracy of the statements and shall transmit a copy to the  Superintendent of Public Instruction.   Superintendent.  (b) On or before September  15,   15 of each year,  each charter school shall approve, in a format prescribed by the  Superintendent of Public Instruction,   Superintendent,  an annual statement of all receipts and expenditures of the charter school for the preceding fiscal  year   year,  and shall file the statement with the entity that approved the charter school. (c) The forms prescribed by the Superintendent  of Public Instruction  shall be adopted as regulations by the  State Board of Education,   state board,  and may be amended periodically to accommodate changes in statute or government reporting standards.