This bill proposes significant amendments to the West Virginia Code regarding the operations of school boards and county boards of education. It introduces provisions for the employment of county directors as academic directors, clarifying that their employment will be at the "will and pleasure" of the county board. Additionally, it mandates that all professional educators, including supervisors and central office administrators, must substitute teach at least three days each school year, with exceptions for superintendents and those without teaching or administrative certificates. The bill also establishes a new incentive for county boards of education to share treasurers to enhance financial management efficiency and outlines the responsibilities of attendance directors, emphasizing the importance of regular school attendance and the implementation of a System of Support Plan (SOS Plan) for students with attendance issues.

Moreover, the bill modifies regulations governing the financial management of school boards, stipulating that funds redeposited by the selected depository must be insured by the Federal Deposit Insurance Corporation. It allows public depositories to choose whether to accept deposits from other banks at their discretion and outlines requirements for securities accepted as partial security for deposited funds. The bill mandates that all school moneys received by the sheriff and paid to the county board of education's treasurer must be deposited in designated accounts, with payments made only upon orders signed by authorized board members. It also addresses the investment of excess funds, allowing the treasurer to invest available funds in guaranteed investments, and includes provisions to prevent board members with a financial interest in a bank from participating in the selection of depositories for school funds.

Statutes affected:
Introduced Version: 18-5-32, 18-8-4, 18-9-6