Bill Text: CA AB1086 | 2013-2014 | Regular Session | Introduced

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Bill Title: Charter schools: financial reports.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2014-02-03 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB1086 Detail]

Download: California-2013-AB1086-Introduced.html

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BILL NUMBER: AB 1086	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Morrell

                        FEBRUARY 22, 2013

   An act to amend Section 47604.33 of the Education Code, relating
to charter schools.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1086, as introduced, Morrell. Charter schools: financial
reports.
   Existing law requires each charter school to annually prepare and
submit a preliminary budget and certain financial reports by
specified dates to its chartering authority and the county
superintendent of schools, or only to the county superintendent of
schools if the county board of education is the chartering authority.
Existing law requires the cost of performing the duties required by
this provision to be funded with supervisorial oversight fees
collected as specified.
   This bill would instead require each charter school to only submit
the preliminary budget and financial reports, as discussed above, to
the chartering authority. The bill would, if the charting authority
is a school district, require the school district to submit the
preliminary budget and financial reports received from each charter
school to the county superintendent of schools by specified dates. To
the extent the supervisorial oversight fees are insufficient to
reimburse a school district for submitting the preliminary budget and
financial reports received from each charter school to the county
superintendent of schools, the bill would impose a state-mandated
local program.
   The California Constitution requires the state to reimburse local
agencies and school districts for certain costs mandated by the
state. Statutory provisions establish procedures for making that
reimbursement.
   This bill would provide that with regard to certain mandates no
reimbursement is required by this act for a specified reason.
   With regard to any other mandates, this bill would provide that,
if the Commission on State Mandates determines that the bill contains
costs so mandated by the state, reimbursement for those costs shall
be made pursuant to the statutory provisions noted above.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: yes.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 47604.33 of the Education Code is amended to
read:
   47604.33.  (a) Each charter school shall annually prepare and
submit the following reports to its  chartering authority and
the county superintendent of schools, or only to the county
superintendent of schools if the county board of education is the
 chartering authority:
   (1) On or before July 1, a preliminary budget. For a charter
school in its first year of operation, the information submitted
pursuant to subdivision (g) of Section 47605 satisfies this
requirement.
   (2) On or before December 15, an interim financial report. This
report shall reflect changes through October 31.
   (3) On or before March 15, a second interim financial report. This
report shall reflect changes through January 31.
   (4) On or before September 15, a final unaudited report for the
full prior year.
   (b) The chartering authority shall use any financial information
it obtains from the charter school, including, but not limited to,
the reports required by this section, to assess the fiscal condition
of the charter school pursuant to subdivision (d) of Section
47604.32. 
   (c) If the chartering authority is a school district, the
chartering authority shall then submit all fiscal reports received
from charter schools under its oversight to the county superintendent
of schools by the following dates:  
   (1) On or before July 15, the preliminary budget.  
   (2) On or before December 31, the interim financial report. 

   (3) On or before March 31, the second interim financial report.
 
   (4) On or before September 30, the final unaudited report for the
full prior year.  
   (c) 
    (d)  The cost of performing the duties required by this
section shall be funded with supervisorial oversight fees collected
pursuant to Section 47613.
  SEC. 2.  No reimbursement is required by this act pursuant to
Section 6 of Article XIII B of the California Constitution for
certain costs that may be incurred by a local agency or school
district because, in that regard, a local agency or school district
has the authority to levy service charges, fees, or assessments that
may be sufficient to pay for the program or level of service mandated
by this act, within the meaning of Section 17556 of the Government
Code.
   However, if the Commission on State Mandates determines that this
act contains other costs mandated by the state, reimbursement to
local agencies and school districts for those costs shall be made
pursuant to Part 7 (commencing with Section 17500) of Division 4 of
Title 2 of the Government Code.