SSHB462 3391 4165
HOUSE SUMMARY OF SENATE AMENDMENTS
HB 462 2023 Regular Session Edmonds
SCHOOLS/FINANCE: Requires public school governing authorities to post certain fiscal
information on their websites
Synopsis of Senate Amendments
1.Moves deadline for a public school governing authority to post on its website
its annual independent audit from Sept. 30th annually to within 30 days of
notice of approval and acceptance by the legislative auditor.
2.Relative to proposed law requirement that each public school governing
authority post on its website reports detailing certain financial information,
changes frequency of posting of reports from quarterly to semiannually.
3.Relative to proposed law requirement that each public school governing
authority furnish to the Dept. of the Treasury the budget, financial, and audit
information posted by the governing authority pursuant to proposed law,
requires submission subject to the deadlines in a manner jointly prescribed by
the state superintendent of education and the treasurer instead of prescribed
solely by the treasurer.
4.Removes proposed law requirement that, subject to the availability of funds, the
Dept. of Treasury provide an online tool for comparison of public school
governing authority budgets and expenditures, and instead requires the state
Dept. of Education and Dept. of Treasury to jointly develop a template of
submission of certain information.
5.Specifies proposed law is only effective in years for which an appropriation is
made by the legislature for such purposes.
Digest of Bill as Finally Passed by Senate
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
Page 1 of 2 SSHB462 3391 4165
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 semiannual reports detailing actual revenue, receipts, expenditures, and
disbursements. 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 within 30 days of notice of the approval
and acceptance by the legislative auditor, each public school governing authority is required
to post on its website its most recent 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 jointly prescribed by the state
superintendent of education and 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. Requires the state Dept. of Education (DOE) and
Dept. of the Treasury to jointly develop a template for the submission of information not
already in the possession of DOE.
Proposed law is applicable to all public schools, including charter schools.
Proposed law is only effective for years in which an appropriation is made by the legislature
for the purposes of implementing proposed law.
(Adds R.S. 17:88.1 and 3996(B)(75))
Page 2 of 2