Oklahoma § 70-5-151 Purpose.

Oklahoma Statutes

§ 70-5-151 — Purpose.

Oklahoma·Title 70 Schools

The purpose of the School District Budget Act is to provide an alternate budget procedure for school districts which will: 1. Establish standard and sound fiscal procedures for the adoption and administration of budgets; 2. Make available to the public and investors sufficient information as to the financial conditions, requirements and expectations of the school district; and 3. Assist school districts to improve and implement generally accepted standards of financial management as promulgated by the Governmental Accounting Standards Board (GASB).

Free access — add to your briefcase to read the full text and ask questions with AI

The purpose of the School District Budget Act is to provide an alternate budget procedure for school districts which will: 1. Establish standard and sound fiscal procedures for the adoption and administration of budgets; 2. Make available to the public and investors sufficient information as to the financial conditions, requirements and expectations of the school district; and 3. Assist school districts to improve and implement generally accepted standards of financial management as promulgated by the Governmental Accounting Standards Board (GASB).

Oklahoma § 70-5-151 (Purpose.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.