This bill proposes amendments to section 15-183 of the Arizona Revised Statutes concerning charter schools. It retains the current requirement that charter schools must adhere to the same financial and electronic data submission standards as school districts, including compliance with the uniform system of financial records, procurement rules, and audit requirements. However, it removes the mandate for the auditor general to conduct a comprehensive review and revision of the uniform system of financial records specifically for charter schools, which was previously aimed at aligning these provisions with private business accounting principles.

Additionally, the bill clarifies that while a school's charter may include exceptions to certain requirements, it explicitly states that no exemptions can be made from the uniform system of financial records. This reinforces the accountability and financial transparency of charter schools, ensuring they follow the same financial reporting standards as traditional school districts. The provisions regarding audits by the department of education or the office of the auditor general remain unchanged.

Statutes affected:
Introduced Version: 15-183