SB 929
Relating to state board intervention into county school systems
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- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill, the "Taxpayer Transparency in Education Act," aims to increase transparency in West Virginia’s county school systems’ finances. It requires county boards of education to publish detailed financial statements, including information about expenditures, contracts, and revenue sources, on a regular basis. Failure to comply with these reporting requirements will result in the county board being prohibited from receiving state discretionary funds until they meet the reporting standards. The bill also clarifies the method of publication and the timeframe for submitting these statements to the State Auditor.
Key provisions
- County boards must publish detailed financial statements within 120 days of the fiscal year’s start.
- Statements must include information on receipts, expenditures, contracts, and revenue sources.
- Non-compliant boards will be barred from receiving state discretionary funding.
- The State Auditor will issue a notice of noncompliance for late submissions.
- Financial statements must be accessible on the county board’s website.
- The bill establishes a timeline for the effective date of changes and the overall act.
- The bill clarifies the method of publication (legal advertisement or website).
- The bill requires the provision of copies of the financial statement to residents upon request.
Who is affected
- County Boards of Education
- West Virginia Residents
- State Auditor
- State Superintendent of Free Schools
- School Personnel
Notable changes
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