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MS HB351
Bill
Status
1/30/2018
Primary Sponsor
Jeffrey Smith
Click for details
AI Summary
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Requires each local education provider in Mississippi to create and maintain a searchable website database of all expenditures and revenues by July 1, 2019.
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Website must include detailed data on all monies received and spent, including entity names, amounts, funding sources, expenditure dates, budget categories, purposes, and credit card statements, in a downloadable and searchable format.
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Mandates posting budgeted figures within one week of budget adoption and audited figures within one week of official acceptance, with monthly updates and archived historical data remaining accessible.
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Requires posting total expenditures and per-pupil spending figures on the provider's homepage, calculated by subtracting adult education, community services, and preschool expenses from total expenditures and dividing by K-12 average daily attendance.
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Applies to all school districts, boards of cooperative services, intermediate school districts, the Mississippi Charter School Authorizer Board, and public charter schools.
Legislative Description
Financial Transparency in Education Act; create.
Last Action
Died In Committee
1/30/2018