The proposed bill, SB1654, seeks to streamline financial reporting and management for school districts in Arizona by consolidating various funds into a new School District Additional Monies Fund. This fund will encompass revenues from lawful sources not specifically designated by law or grantors, such as private grants. Key changes include the removal of specific fund requirements, such as the Advertisement Fund, and the elimination of the need for districts to maintain records for unused funds. The bill also allows for more flexible financial reporting, enabling districts to submit general ledger information instead of detailed reports for certain programs, and extends the expiration date for authorized contributions to public schools until June 30, 2029.
Additionally, SB1654 reinstates certain performance audit requirements, including monitoring classroom spending and implementing an A through F grading system for annual achievement profiles. It also allows Career and Technical Education Districts to provide housing for specific student demographics and mandates the development of new financial report formats by January 1, 2025. The bill removes previous requirements for financial audits and repeals the Arizona Industry Credentials Incentive Program, aiming to enhance accountability in school spending while simplifying reporting processes. Overall, SB1654 focuses on improving financial management and supporting literacy training in schools.
Statutes affected: Introduced Version: 15-120, 15-211, 15-215, 15-241, 15-241.01, 15-241.02, 15-249.15, 15-271, 15-341, 15-342, 15-386, 15-393, 15-393.01, 15-459, 15-491, 15-512, 15-537, 15-710.01, 15-710.02, 15-710.03, 15-729, 15-741.02, 15-904, 15-914.02, 15-943.01, 15-1103, 15-1104, 15-1107, 15-1224, 15-2401, 16-226, 41-1279.03, 41-5841, 43-1089.01, 15-219, 15-943, 15-704, 15-237.01, 15-255, 15-747, 15-701, 15-977, 15-741, 15-756, 15-756.05, 15-746, 15-808, 42-5029, 42-5029.02, 15-536, 15-961, 15-945, 15-947, 15-213, 15-717.01, 15-701.01, 15-481, 15-1125, 15-1126, 15-1223, 13-3108, 13-3120, 15-764, 15-761, 13-706, 13-105, 15-157, 15-107, 2008-2009, 39-101, 36-2267, 3-365, 41-5701.02, 41-5711, 15-1102, 38-621, 38-624, 15-213.01, 11-952, 15-789, 15-841, 15-949, 41-1750, 15-1105, 15-1143, 15-1142, 41-5741, 9-500.05, 11-1101, 15-154, 15-901, 15-158, 41-2535, 15-392, 15-427, 38-503, 16-322, 15-208, 15-210, 15-234, 15-361, 15-722, 15-723, 15-724, 15-727, 15-728, 15-730, 15-828, 15-829, 15-995, 15-941, 15-953, 15-973, 15-1101, 15-1021, 42-11001, 15-943.02, 15-944.01, 15-962.01, 15-944, 15-763, 15-391, 15-458, 15-457, 15-975, 15-997, 42-12003, 42-12001, 16-509, 16-204, 15-544, 15-910, 15-430, 15-493, 15-401, 15-402, 92-544, 15-1231, 13-705, 15-534, 15-505, 15-153, 15-538.01, 15-540, 15-541, 15-549, 15-539, 1-319, 1-321, 2023-2024, 15-249.06, 15-792.03, 11-255, 2020-2021, 15-779.02, 15-910.01, 15-910.02, 15-971, 15-756.12, 15-903, 15-905, 41-5731, 41-5721, 36-2981, 15-1401, 15-2403, 15-731, 8-862, 36-1941, 43-1505, 19-209, 35-453, 42-6106, 42-6107, 28-6392, 28-6533, 15-914, 41-5852, 41-5855
Senate Engrossed Version: 15-211, 15-249.15, 15-271, 15-341, 15-342, 15-386, 15-393, 15-393.01, 15-491, 15-512, 15-729, 15-904, 15-943.01, 15-1103, 15-1104, 15-1107, 15-1224, 16-226, 43-1089.01, 15-219, 15-943, 15-241, 15-704, 15-237.01, 15-701, 15-213, 15-808, 15-717.01, 15-701.01, 15-481, 15-1125, 15-1126, 15-1223, 13-3108, 13-3120, 15-764, 15-761, 13-706, 13-105, 15-157, 15-107, 2008-2009, 39-101, 36-2267, 3-365, 41-5701.02, 41-5711, 15-1102, 38-621, 38-624, 15-213.01, 11-952, 15-789, 15-841, 15-949, 41-1750, 15-1105, 15-1143, 15-1142, 15-746, 41-5741, 9-500.05, 11-1101, 15-154, 15-901, 15-158, 41-2535, 15-392, 15-427, 38-503, 16-322, 15-208, 15-210, 15-234, 15-361, 15-722, 15-723, 15-724, 15-727, 15-728, 15-730, 15-828, 15-829, 15-995, 15-941, 15-953, 15-973, 15-1101, 15-1021, 42-11001, 15-943.02, 15-944.01, 15-962.01, 15-944, 100-77, 15-763, 15-391, 41-1279.03, 15-493, 15-401, 15-402, 16-204, 92-544, 15-1231, 13-705, 15-534, 15-505, 15-153, 11-255, 15-255, 2020-2021, 15-747, 15-249.06, 15-779.02, 15-910, 15-910.01, 15-910.02, 15-971, 15-756.12, 15-903, 15-905, 41-5731, 41-5721, 19-209, 35-453