Bill Text: AZ HB2326 | 2019 | Fifty-fourth Legislature 1st Regular | Introduced
Bill Title: Charter schools; financial reform; appropriation
Spectrum: Partisan Bill (Democrat 7-0)
Status: (Introduced - Dead) 2019-05-14 - Assigned to House RULES Committee [HB2326 Detail]
Download: Arizona-2019-HB2326-Introduced.html
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REFERENCE TITLE: charter schools; financial reform; appropriation |
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State of Arizona House of Representatives Fifty-fourth Legislature First Regular Session 2019
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HB 2326 |
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Introduced by Representatives Lieberman: Butler, Pawlik, Rodriguez, Salman, Senators Bowie, Quezada
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AN ACT
amending title 15, chapter 1, article 8, Arizona Revised Statutes, by adding section 15-189.06; appropriating monies; relating to charter schools.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Title 15, chapter 1, article 8, Arizona Revised Statutes, is amended by adding section 15-189.06, to read:
15-189.06. Annual financial reports; review; audit; corrective action
A. On or before October 15 of each year, each charter school governing body shall submit to the state board for charter schools a copy of the annual financial report required by section 15-183, subsection E, paragraph 6 and section 15-904.
B. The state board for charter schools:
1. Shall annually review each annual financial report submitted pursuant to subsection A of this section for accuracy.
2. Shall annually audit, at random, five percent of the annual financial reports submitted pursuant to subsection A of this section to verify the accuracy of the information in the reports.
3. Shall file a complaint with the attorney general if the state board, while performing a review or audit pursuant to paragraph 1 or 2 of this subsection, suspects that any criminal activity was involved in compiling or submitting an annual financial report. The attorney general shall evaluate the complaint and determine whether to initiate a suit.
4. May take corrective action to address any issue it identifies in a review or audit performed pursuant to paragraph 1 or 2 of this subsection, including submitting a complaint to the department of education under subsection C of this section.
C. If the state board for charter schools finds that an annual financial report submitted pursuant to subsection A of this section includes inaccurate information, the state board may submit a complaint to the department of education. Within seventy-two hours after submitting the complaint, the state board shall provide written notice of the complaint to the charter school governing body that submitted the annual financial report. The department shall investigate the complaint and give the charter school an opportunity to respond to the allegation of inaccurate information. if the department determines that the annual financial report includes inaccurate information, the department shall withhold the monthly apportionment of state aid that would otherwise be due the charter school and direct the charter school governing body to take corrective action. When the department determines that the charter school has corrected the annual financial report, the department shall restore the full amount of state aid payments to the charter school.
Sec. 2. Appropriation; state board for charter schools; reviews; audits
In addition to any other appropriations made in fiscal year 2019‑2020, the sum of $200,000 and two FTE positions are appropriated from the state general fund in fiscal year 2019-2020 to the state board for charter schools to conduct reviews and audits of annual financial reports as required by this act.
