If it took effect, the measure would require state certification of a school board's financial filings before the board or voters could approve certain borrowing or higher school revenue.
A school board or district voters could not adopt an initial bond resolution unless the state education department certifies the board has filed required financial information.
A school board could not adopt a resolution to ask voters to approve revenue above its district's limit unless the state education department certifies the board has filed required financial information.
A school board or district voters could not adopt an initial bond resolution unless the state education department certifies the board has filed required financial information. This applies to school boards and district voters adopting an initial resolution to borrow through a bond issue. The department's certification must reflect the board's compliance as of a date no earlier than 14 days before the resolution vote. A resolution adopted without the required certification, and any referendum on it, would be void. The requirement would start on this provision's effective date, which the text leaves blank.
A school board could not adopt a resolution to exceed its district's revenue limit unless the state education department certifies the board has filed required financial information. This applies when a school board seeks voter approval to raise revenue above the limit that otherwise applies to its district. The department's certification must reflect the board's compliance as of a date no earlier than 14 days before the board votes on the resolution. A resolution adopted without the required certification, and any referendum on it, would be void. The requirement would start on this provision's effective date, which the text leaves blank.
No hearings or votes scheduled.