The bill amends existing Kansas laws regarding school district budgeting and accounting, specifically K.S.A. 79-2926 and K.S.A. 2024 Supp. 72-1167. It requires school district budget forms and summaries to include all expenditures of bond proceeds, ensuring transparency in financial reporting. The definition of "budget summary" is expanded to include various financial metrics, such as total expenditures by category, enrollment figures, and mill rates. Additionally, school districts must report all construction activities financed by bonds that have not matured, detailing revenue receipts and expenditures related to these projects.

Key changes include the removal of specific dates and terms, such as "after July 1, 2012," and "pupil," to modernize the language and ensure clarity. The bill mandates that school districts publish their budget summaries and financial data on their websites, enhancing public access to financial information. Furthermore, the state board of education is tasked with developing a uniform reporting system for school districts, which will include all funds held by the districts, regardless of their source. The act aims to improve financial accountability and transparency in school district operations.

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