First Substitute H.B. 113

Representative Kenneth W. Sumsion proposes the following substitute bill:

1 SCHOOL FINANCIAL DISCLOSURE
2 2008 GENERAL SESSION
3 STATE OF UTAH
4 Chief Sponsor: Kenneth W. Sumsion
5 Senate Sponsor: ____________
6
7 LONG TITLE
8 General Description:
9 This bill requires year-end reporting of expenditures made and gross wages paid by a
10 school district or charter school.
11 Highlighted Provisions:
12 This bill:
13 . requires a school district or charter school to make a report at the end of each fiscal
14 year summarizing:
15 . by vendor, expenditures made; and
16 . by employee, gross wages paid; and
17 . requires the reports to be published on the Internet.
18 Monies Appropriated in this Bill:
19 None
20 Other Special Clauses:
21 None
22 Utah Code Sections Affected:
23 ENACTS:
24 53A-3-404.5, Utah Code Annotated 1953
25

26 Be it enacted by the Legislature of the state of Utah:
27 Section 1. Section 53A-3-404.5 is enacted to read:
28 53A-3-404.5. Fiscal year reporting of expenditures and wages paid.
29 (1) Beginning with fiscal year 2007-08, a school district or charter school shall
30 annually make the following year-end reports:
31 (a) a vendor report summarizing, by vendor, expenditures made during the fiscal year;
32 and
33 (b) a payroll report summarizing, by employee, gross wages paid during the fiscal year.
34 (2) The vendor report shall include expenditures made by a manual checking account
35 system, such as expenditures made by a school club, if that system is integrated with and
36 uploaded into the school district's or charter school's centralized core accounting system.
37 (3) The payroll report shall, for each employee, include:
38 (a) the employee's name; or
39 (b) (i) an employee number that is not a social security number; and
40 (ii) the positions held by the employee.
41 (4) A school district or charter school shall publish the vendor report and payroll
42 report:
43 (a) in PDF or a file type useable by commonly used spreadsheet software;
44 (b) on the school district's, charter school's, or a state website; and
45 (c) by November 30 of each year.
46 (5) The requirements of this section do not apply to a school district or charter school
47 with an annual budget of less than $1,000,000.