DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 462 Engrossed 2023 Regular Session Edmonds
Abstract: Requires each public school governing authority to post on its website certain fiscal
information and requires the treasurer to post the information on the website of the Dept. of
the Treasury.
Present law (R.S. 17:88(A)) requires each city and parish school board to adopt, no later than Sept.
15th of each year, a budget for the general fund and each special revenue fund for the fiscal year.
Specifies that the revenue/receipts shall be those normally expected from constitutional, statutory,
and regular sources and shall not include probable revenues/receipts that may arise from doubtful
or contingent sources.
Present law (R.S. 17:88(C)) requires each school board to submit to the state superintendent of
education a copy of its adopted budget no later than Sept. 30th of each year. Requires that such
budget include the same line items as prescribed by the State Bd. of Elementary and Secondary
Education (BESE) for inclusion in the financial and statistical report as well as a general summary
of the adopted budget. Further requires that the general summary include projected revenues and
receipts, expenditures and disbursements, beginning fund and cash balances, and ending fund and
cash balances.
Present law (R.S. 17:3996(G)) requires all charter schools to comply with present law (R.S. 39:1301-
1315–La. Local Government Budget Act). Requires each Type 1, 3, 3B, and 4 charter school
annually to submit its budget to the local school board that approved its charter, and requires the
board to submit the charter school's budget to the state superintendent of education in accordance
with present law (R.S. 17:88). Requires each Type 2 and Type 5 charter school annually to submit
its budget directly to the state superintendent of education.
Proposed law retains present law and additionally requires each public school governing authority,
no later than Sept. 30th each year, to post on its website the budget and general summary required
pursuant to present law (R.S. 17:88).
Proposed law additionally requires each public school governing authority to post on its website
reports detailing actual revenue, receipts, expenditures, and disbursements for each quarter. Requires
the reports to also include information concerning the governing authority's contracts for each
quarter, including without limitation the identity of each vendor, the purpose of each contract, and
payments associated with each contract.
Present law (R.S. 24:513 and R.S. 17:3996(F)) authorizes the legislative auditor to audit, under certain circumstances, and to receive reports and audits from certain local agencies, including public
school governing authorities.
Proposed law retains present law and provides that after approval and acceptance by the legislative
auditor, but no later than Sept. 30th each year, each public school governing authority is required to
post on its website its annual independent audit.
Proposed law requires each public school governing authority to furnish to the Dept. of the Treasury,
subject to the deadlines and in the manner prescribed by the treasurer, the information posted by the
governing authority pursuant to the provisions of proposed law. Requires the treasurer to post the
information on the website of the Dept. of the Treasury. Subject to the availability of funds, requires
the dept. to provide an online tool for comparison of public school governing authority budgets and
expenditures, in total and on a per-pupil basis.
Proposed law is applicable to all public schools, including charter schools.
(Adds R.S. 17:88.1 and 3996(B)(75))