H.B. 364

1

SCHOOL DISTRICT FINANCIAL REPORTING
2 AMENDMENTS
3 2012 GENERAL SESSION
4 STATE OF UTAH
5 Chief Sponsor: John Dougall
6 Senate Sponsor: Wayne L. Niederhauser
7
8 LONG TITLE
9 General Description:
10 This bill requires a school district to report on revenues and expenditures for each
11 school within the school district.
12 Highlighted Provisions:
13 This bill:
14 . requires a school district to include a report on revenues and expenditures of each
15 school within the school district in the school district's annual audited financial
16 report;
17 . requires a school district to provide data on revenues and expenditures of each
18 school within the school district through the Utah Public Finance Website;
19 . requires a school district and a charter school to submit data on revenues and
20 expenditures of a school to the State Board of Education, which shall be compiled
21 into a database for analyses of school revenues and expenditures; and
22 . requires the State Board of Education to make rules specifying the revenues and
23 expenditures to be reported for each school.
24 Money Appropriated in this Bill:
25 None
26 Other Special Clauses:
27 This bill takes effect on July 1, 2012.

28 Utah Code Sections Affected:
29 ENACTS:
30 53A-3-404.5, Utah Code Annotated 1953
31
32 Be it enacted by the Legislature of the state of Utah:
33 Section 1. Section 53A-3-404.5 is enacted to read:
34 53A-3-404.5. School district reporting on revenues and expenditures for each
35 school.
36 (1) A school district shall identify and report on revenues and expenditures for each
37 school within the school district.
38 (2) A school district shall:
39 (a) include a report on the revenues and expenditures of each school in the audited
40 financial report prepared in accordance with Section 51-2a-201 ; and
41 (b) in accordance with rules established under Section 63A-3-404 , provide data on
42 revenues and expenditures of each school through the Utah Public Finance Website.
43 (3) (a) A school district and a charter school shall submit data on the revenues and
44 expenditures of each school to the State Board of Education.
45 (b) The State Board of Education shall compile the data submitted under Subsection
46 (3)(a) within a database so that the State Board of Education and others, upon request, may
47 conduct analyses of school revenues and expenditures.
48 (4) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the
49 State Board of Education shall make rules specifying:
50 (a) the revenues and expenditures that a school district shall identify and report on for a
51 school; and
52 (b) procedures for submitting data to the State Board of Education as required by
53 Subsection (3).
54 (5) Rules adopted under Subsection (4)(a) shall require that expenditures for the
55 following items be included in a report of school expenditures:
56 (a) salaries, wages, and benefits of school personnel;
57 (b) instructional materials, equipment, and supplies; and
58 (c) utilities.

59 Section 2. Effective date.
60 This bill takes effect on July 1, 2012.




Legislative Review Note
as of 2-14-12 3:37 PM

Office of Legislative Research and General Counsel