HB 5747 Summary

• Amends the Local Government Fiscal Responsibility Act to expand provisions governing school districts in financial emergency, including oversight of all school district operations affecting financial condition.

• Removes requirement that emergency financial manager consult with school board when developing initial financial plans and regularly reexamining plans for the school district.

• Grants emergency financial manager broad authority to issue binding orders to school district officials and employees, including the school board, for implementing financial plans and district operations.

• Requires emergency financial manager to provide financial plans to school board and make them public, but does not require approval from the school board or public before implementation.

• Adds authority for emergency financial manager to review and approve or disapprove any action by the school board, with the board prohibited from taking actions that create district obligations without emergency financial manager approval.