Louisiana 2017 Regular Session

Louisiana Senate Bill SR195

Introduced
6/6/17  
Introduced
6/6/17  

Caption

Requests the Louisiana School Boards Association, the Louisiana Association of School Superintendents, and the Louisiana Association of School Business Officials to jointly survey local school boards to determine the additional costs associated with certain audit requirements.

Impact

The resolution highlights significant changes in auditing protocols under R.S. 24:514, which mandates local governmental bodies, including school boards, to present audited financial statements. The new requirements include a comprehensive review of various operational processes and financial data. This could lead to increased expenses for local school boards, as they will be responsible for the costs associated with third-party audits. Consequently, stakeholders are worried that this could divert critical funds away from educational activities and resources in classrooms.

Summary

Senate Resolution 195 urges the Louisiana School Boards Association, the Louisiana Association of School Superintendents, and the Louisiana Association of School Business Officials to conduct a survey among local school boards. The primary purpose of this survey is to determine the additional costs incurred due to new audit requirements that have been enacted by the Louisiana Legislative Auditor. These requirements are intended to increase fiscal accountability among local school boards, but there are concerns about the potential financial burdens they impose.

Sentiment

General sentiment surrounding SR195 appears to be cautiously supportive. On one hand, proponents recognize the need for enhanced accountability and transparency in public education funding. Conversely, there are palpable concerns from school administrators and financial officers about the potential strain on budgets and how this might affect educational quality and resources provided to students.

Contention

Notable points of contention center around the financial implications of the new auditing requirements. Critics argue that while the intention is to ensure proper use of funds, the additional financial strain could hinder the operational capabilities of local school boards. Furthermore, there are worries that increased oversight could lead to less funding available for direct educational initiatives as more resources are allocated to compliance with audit mandates. The call for a survey in the resolution indicates an acknowledgment of these concerns and a willingness to assess the real impacts on educational funding.

Companion Bills

No companion bills found.

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