If enacted, this bill would significantly update current statutes regarding school districts in receivership. It would require the termination of the school district superintendent for cause, with the county school superintendent responsible for removing governing board members. The bill prohibits severance or buyout packages for the terminated superintendent and establishes a 30-day appeal process to the State Board of Education (SBE). Additionally, individuals removed from the governing board due to receivership would be ineligible for future elections to any governing board. The bill also modifies the criteria for a school district to be considered in a deficit, changing the threshold from "five per cent" to "percent" of the school district's revenue control limit.

Moreover, the bill clarifies the SBE's jurisdiction over receivership petitions, placing the burden of proof on the board to demonstrate insolvency or gross mismanagement. It introduces new requirements for receivers, including the authority to override governing board decisions and appoint key officers. During receivership, contracts exceeding the receiver's financial plan would be prohibited, and the governing board would be restricted from interfering with elections. The bill also mandates that vacancies on the governing board be filled by the county school superintendent from the respective county of the removed member, ensuring a structured approach to governance during receivership.

Statutes affected:
Introduced Version: 15-103, 15-302.01, 15-421, 15-107, 15-536, 15-302