The proposed bill amends existing Arizona Revised Statutes related to charter schools and financial audits. It introduces a requirement for charter schools to maintain and provide necessary records for the auditor general to assess compliance with financial regulations. Additionally, the bill mandates that charter schools monitor and publicly display the percentage of every dollar spent in the classroom, similar to existing requirements for school districts.

Key changes include the addition of specific monitoring and reporting obligations for charter schools, which were not previously outlined in the law. The bill also repeals certain sections of the law and modifies existing language to ensure clarity and compliance with auditing standards. Overall, the bill aims to enhance transparency and accountability in the financial operations of charter schools in Arizona.

Statutes affected:
Introduced Version: 15-183, 41-1279.03