HB 5915 Summary

• Requires school districts to post annual operating budgets, budget revisions, and expenditure summaries (using pie charts for personnel and district spending) on their websites within 15 days of adoption.

• Mandates districts disclose superintendent and high-earning employee compensation (those earning over $100,000), collective bargaining agreements, health care benefit plans, audit reports, and credit card information on their websites.

• Requires districts to report annual spending on association dues and lobbying services, deficit elimination plans, out-of-state administrator travel costs, and audited financial statements from educational management organizations.

• Expands annual financial audit and pupil accounting reporting requirements, with deadlines of October 15 or November 15 depending on the reporting year, and authorizes the department to withhold state school aid for non-compliance.

• Requires districts offering online learning to submit detailed reports by November 1, 2014 on per-pupil costs by vendor type, including information about students served, participating providers, and cost breakdowns for various program components.