LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 22, 2015 TO: Honorable Larry Taylor, Chair, Senate Committee on Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1230 by Creighton (Relating to the availability of certain school district financial information on certain districts' Internet websites.), As Introduced No fiscal implication to the State is anticipated. The bill would require the 50 school districts with the highest enrollments, as determined by the Commissioner of Education, to maintain certain financial information on their Internet websites, including the checking account transaction register, monthly credit card transactions, obligated and unobligated fund balances, and total amount budgeted for compensation for certain categories of employees. For each category, the district would also have to post the number of FTEs and the average salary. The bill would provide that a school district should maintain a minimum fund balance equivalent to at least two months of the district's operating budget Local Government Impact Based on the analysis of the Texas Education Agency, the largest 10 school districts would require three new staff members and the other 40 school districts would be required to hire between one and three additional staff members to organize and report all of the required accounting transaction data. The fifty largest school districts would also be required to invest in additional software, database capacity, and bandwidth to handle the additional load from providing large datasets. Administrative costs for the 50 largest school districts would vary depending on how many additional staff members had to be employed and whether the district was required to invest in additional hardware, software, and Internet bandwidth. Source Agencies:701 Central Education Agency LBB Staff: UP, JBi
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 22, 2015
TO: Honorable Larry Taylor, Chair, Senate Committee on Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1230 by Creighton (Relating to the availability of certain school district financial information on certain districts' Internet websites.), As Introduced
TO: Honorable Larry Taylor, Chair, Senate Committee on Education
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1230 by Creighton (Relating to the availability of certain school district financial information on certain districts' Internet websites.), As Introduced
Honorable Larry Taylor, Chair, Senate Committee on Education
Honorable Larry Taylor, Chair, Senate Committee on Education
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB1230 by Creighton (Relating to the availability of certain school district financial information on certain districts' Internet websites.), As Introduced
SB1230 by Creighton (Relating to the availability of certain school district financial information on certain districts' Internet websites.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would require the 50 school districts with the highest enrollments, as determined by the Commissioner of Education, to maintain certain financial information on their Internet websites, including the checking account transaction register, monthly credit card transactions, obligated and unobligated fund balances, and total amount budgeted for compensation for certain categories of employees. For each category, the district would also have to post the number of FTEs and the average salary. The bill would provide that a school district should maintain a minimum fund balance equivalent to at least two months of the district's operating budget
Local Government Impact
Based on the analysis of the Texas Education Agency, the largest 10 school districts would require three new staff members and the other 40 school districts would be required to hire between one and three additional staff members to organize and report all of the required accounting transaction data. The fifty largest school districts would also be required to invest in additional software, database capacity, and bandwidth to handle the additional load from providing large datasets. Administrative costs for the 50 largest school districts would vary depending on how many additional staff members had to be employed and whether the district was required to invest in additional hardware, software, and Internet bandwidth.
Source Agencies: 701 Central Education Agency
701 Central Education Agency
LBB Staff: UP, JBi
UP, JBi