§88.1. Posting of public school governing authority fiscal information
A.No later than September thirtieth each year, each public school governing
authority shall post on its website its most recent budget and general summary required
pursuant to R.S. 17:88.
B.Within thirty days of notice of the approval and acceptance by the legislative
auditor each year, each public school governing authority shall post on its website its most
recent annual independent audit.
C.For the fiscal year that begins July 1, 2024, and for each fiscal year thereafter,
each public school governing authority shall post on its website semiannual reports detailing
actual revenue, receipts, expenditures, and disbursements as further provided in this
Subsection. Each report shall also include information concerning
Free access — add to your briefcase to read the full text and ask questions with AI
§88.1. Posting of public school governing authority fiscal information
A. No later than September thirtieth each year, each public school governing
authority shall post on its website its most recent budget and general summary required
pursuant to R.S. 17:88.
B. Within thirty days of notice of the approval and acceptance by the legislative
auditor each year, each public school governing authority shall post on its website its most
recent annual independent audit.
C. For the fiscal year that begins July 1, 2024, and for each fiscal year thereafter,
each public school governing authority shall post on its website semiannual reports detailing
actual revenue, receipts, expenditures, and disbursements as further provided in this
Subsection. Each report shall also include information concerning the governing authority's
contracts for each quarter, including without limitation the identity of each vendor, the
purpose of each contract, and payments associated with each contract. The report for the
period from July first through December thirty-first shall be posted no later than March
thirty-first; the report for the period from January first through June thirtieth shall be posted
no later than September thirtieth.
D. Each public school governing authority shall furnish to the Department of the
Treasury, subject to the deadlines and in a manner jointly prescribed by the treasurer and
state superintendent of education based on consultation with school business managers, the
information posted by the governing authority pursuant to the provisions of this Section. The
agencies shall jointly develop a template for the submission of any required information not
already in the possession of the state Department of Education that minimizes administrative
burden on school governing authorities. The treasurer shall post the information on the
website of the Department of the Treasury. Subject to the availability of funds, the
Department of the Treasury shall provide an online tool for comparison of public school
governing authority budgets and expenditures, in total and on a per-pupil basis.
E. For purposes of this Section, "contract" means all types of agreements, regardless
of what an agreement may be called, of a public school governing authority, including orders,
grants, and documents purporting to represent grants which are for the purchase or disposal
of supplies, services, major repairs, or any other item. "Contract" includes, to the extent
applicable, awards and notices of award, contracts of a fixed-price, cost,
cost-plus-a-fixed-fee, or incentive type; contracts providing for the issuance of job or task
orders; leases; letter contracts; purchase orders; memoranda of understanding; cooperative
endeavor agreements; and personal, professional, consulting, and social services contracts.
F. The provisions of this Section shall be effective only in years in which the
legislature provides funding by a specific appropriation.