AN ACT relating to school district finances.
This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.
- Stage
- Session ended
- Started in
- Senate
- Latest action
- Feb 3
Where it stands
Introduced (Done)
Committee (Done)
Floor (Current step)
Law (Needs attention)
What it does
Create a new section of KRS Chapter 160 to establish the calendar and procedures for a district superintendent and local board of education to adopt a school district budget; require that a budget must include a reserve of not less than 2%; amend KRS 160.431 to require the annual financial report and the Kentucky Department of Education's written report be published on the district financial disclosure website; amend KRS 160.463 to require a school district to maintain a district financial disclosure website; identify the information that shall be published on the website; amend KRS 157.440, 160.390, 160.460, 160.470, 160.473, 160.530, 160.550, and 424.250 to conform; require districts to publish the most recent information available on the district financial disclosure website upon the effective date of the Act.
What moved
Who is involved
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