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 are mandated to report on 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 also emphasizes the need for a uniform reporting system developed by the state board of education, which will facilitate the recording and reporting of financial data across all school districts. Furthermore, it mandates that school districts publish their budget information on their websites and provides for the annual publication of this data by the department of education, enhancing public access to school financial information.

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