This bill proposes amendments to section 15-183 of the Arizona Revised Statutes, specifically regarding the financial and electronic data submission requirements for charter schools. Under current law, charter schools must adhere to the same financial requirements as school districts, including the uniform system of financial records, procurement rules, and audit requirements. The bill removes the requirement for the auditor general to conduct a comprehensive review and revision of the uniform system of financial records for charter schools, which was 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 financial requirements, it cannot exempt the charter school from the uniform system of financial records. This change reinforces the obligation of charter schools to comply with established financial standards, ensuring consistency and accountability in their financial practices. Overall, the bill aims to strengthen the financial oversight of charter schools while eliminating unnecessary review processes.

Statutes affected:
Introduced Version: 15-183