This bill amends existing laws regarding school district budgeting and accounting in Kansas. It mandates that school district budgets must include detailed expenditures and the actual amounts budgeted for the current, preceding, and second preceding years, reported at the object level. Additionally, if expenditures deviate by 10% or more from the budgeted amounts, the board of education must prepare a report explaining the deviation, which must be published by both the school district and the state department of education. The bill also requires school districts to account for expenditures at both the object and sub-object levels when possible.

Furthermore, the bill updates the Kansas uniform financial accounting and reporting act, requiring the state board of education to develop a uniform reporting system for school districts. This system will include comprehensive records of receipts and expenditures, allowing for public access and comparison of data across districts. The bill repeals previous sections of law that are now outdated due to these amendments, ensuring that the new requirements are effectively integrated into the existing legal framework.

Statutes affected:
As introduced: 79-2926, 79-2927, 79-2927a, 72-1167, 72-1181