LCO No. 1682 1 of 1 General Assembly Proposed Bill No. 528 January Session, 2019 LCO No. 1682 Referred to Committee on PLANNING AND DEVELOPMENT Introduced by: SEN. OSTEN, 19th Dist. AN ACT CONCERNING FINANCIAL REPORTING BY BOARDS OF EDUCATION. Be it enacted by the Senate and House of Representatives in General Assembly convened: That title 10 of the general statutes be amended to require boards of 1 education to submit financial reports and explanations of all line item 2 transfers to municipal boards of finance or their equivalent in a format 3 prescribed by such board of finance or equivalent. 4 Statement of Purpose: To require boards of education to submit financial reports and explanations of all line item transfers to municipal boards of finance or their equivalent in a format prescribed by such board of finance or equivalent.