The proposed bill would amend current statutes related to school district expenditures by introducing new requirements for the Arizona Department of Education (ADE) and county school superintendents. Under the new provisions, if ADE determines that a school district's expenditures exceed its general budget limit or unrestricted capital budget limit without prior notification from the county school superintendent, ADE must notify the superintendent and take necessary actions as prescribed by law. Additionally, the bill allows county school superintendents to review the operations and finances of any school district within their jurisdiction, enhancing oversight capabilities.

The bill also makes several technical changes to existing language, including clarifying the definition of "overexpenditure" and updating the thresholds for when ADE must intervene. Specifically, it replaces the phrase "fifty thousand dollars" with "$50,000" and "one-half of one percent" with "percent" for consistency. Furthermore, it specifies that ADE must notify the county school superintendent in writing regarding budget capacity before a warrant can be drawn for expenditures that exceed the budget. Overall, these updates aim to improve financial oversight and accountability within school districts.

Statutes affected:
Introduced Version: 15-107, 15-304, 15-103
Senate Engrossed Version: 15-107, 15-304, 15-103
House Engrossed Version: 15-107, 15-302, 15-304, 15-905, 15-103, 15-481