The proposed bill, if enacted, would amend current statutes by adding new requirements for charter school governing bodies and the Arizona State Board for Charter Schools (ASBCS) regarding the employment contracts of chief financial officers (CFOs) and the highest-ranking school administrators. Specifically, it would require governing bodies to submit employment contracts or attestations for these positions for the past five years and for current employees within 30 days of contract execution or amendment. Additionally, the ASBCS would be mandated to post all submitted contracts on its website, maintain them for at least five years, and create a searchable online database containing detailed information about each contract.

Furthermore, the bill stipulates that each charter school must also post the relevant contracts and attestations on their own websites, with similar retention requirements. The ASBCS is tasked with compiling an annual report detailing salaries, benefits, and allowances for CFOs and administrators, which must also be made publicly available. The bill aims to enhance transparency and accountability in the employment practices of charter schools by ensuring that critical financial information is accessible to the public.

Statutes affected:
Introduced Version: 15-187.02