Sponsored by:
Senator JOSEPH PENNACCHIO
District 26 (Morris and Passaic)
Senator OWEN HENRY
District 12 (Burlington, Middlesex, Monmouth and Ocean)
SYNOPSIS
Requires boards of education to post on website information summarizing payroll, total accounts payable, and weekly accounts payable.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning certain financial information provided by a board of education and supplementing chapter 22 of Title 18A of the New Jersey Statutes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. A board of education shall post for public inspection on its website a summary of its payroll, total accounts payable, and weekly accounts payable. The board shall also post a summary document that outlines in a user-friendly manner the boards major categories of expenditures and identifies the vendors selected through competitive bidding or competitive contracting to provide goods and services.
b. The information required pursuant to subsection a. of this section shall be posted on the website in a prominent and easily accessible location and in a format approved by the Commissioner of Education.
2. This act shall take effect immediately.
STATEMENT
This bill requires each board of education to post for public inspection on its website a summary of its payroll, total accounts payable, and weekly accounts payable. The bill also requires each board to post a summary document that outlines in a user-friendly manner the boards major categories of expenditures and identifies the vendors selected through competitive bidding or competitive contracting to provide goods and services.
Under the bill, the information must be posted in a prominent and easily accessible location and in a format approved by the Commissioner of Education.