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GA HB895
Bill
Status
Passed
5/3/2016
Primary Sponsor
Rahn Mayo
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AI Summary
- Charter school and state charter school principals (or equivalent) are prohibited from simultaneously serving as the school's chief financial officer (or equivalent), establishing a separation of duties requirement
- Governing board members of charter schools and state charter schools must complete 2 to 3 hours of annual training on sound fiscal management and budget monitoring, in addition to existing training on governance, public records, and open meetings
- The fiscal management training must cover seven specific elements, including balanced budget policies, deficit spending restrictions, audit review, conflicts of interest, and preventing unfair financial advantages to board members, their families, or associates
- The State Board of Education and the State Charter Schools Commission must each establish a charter schools financial management certification program for school leaders and personnel responsible for budgeting, accounting, payroll, and purchasing
- For charter schools that are college and career academies, training must be provided or approved in conjunction with the Technical College System of Georgia
Legislative Description
Elementary and secondary education; finance directors of charter schools participate in initial and annual training; require
Last Action
Effective Date
7/1/2016
Full Bill Text
No bill text available