An Act relating to powers and duties of the Legislative Budget and Audit Committee; relating to public school financial information and audits; and establishing a public school financial data Internet website.
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Progress
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- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill aims to improve transparency in public school finances in Alaska. It requires the Legislative Budget and Audit Committee to create and maintain a public website with detailed financial information from school district audits. The bill also updates reporting requirements for the Department of Education, including expanding the data provided and establishing a process for reviewing school district fund balances. Finally, it mandates the availability of financial data from previous years to aid in analysis and comparison.
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