Rhode Island § 16-77.3-8 § 16-77.3-8. Charter school reporting.

Rhode Island Statutes

§ 16-77.3-8 — § 16-77.3-8. Charter school reporting.

Rhode Island § 16-77.3-8

Title 16Education

Ch. 16-77.3Independent Charter Schools [See Title 16 Chapter 97 â€” The Rhode Island Board of Education Act]

This text of Rhode Island § 16-77.3-8 (§ 16-77.3-8. Charter school reporting.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 16-77.3-8 (2026).

Text

§ 16-77.3-8. Charter school reporting.
(a) All independent charter schools shall continuously monitor their financial operations
            by tracking actual versus budgeted revenue and expense. The chief financial officer
            of the independent charter school shall submit a report on a quarterly basis to the
            commissioner certifying the status of the independent charter school budget. The quarterly
            reports shall be in a format prescribed by the commissioner and the state auditor
            general. The reports shall contain a statement as to whether any actual or projected
            shortfalls in budget line items are expected to result in a year-end deficit, the
            p

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§ 16-77.3-8. Charter school reporting.

(a) All independent charter schools shall continuously monitor their financial operations by tracking actual versus budgeted revenue and expense. The chief financial officer of the independent charter school shall submit a report on a quarterly basis to the commissioner certifying the status of the independent charter school budget. The quarterly reports shall be in a format prescribed by the commissioner and the state auditor general. The reports shall contain a statement as to whether any actual or projected shortfalls in budget line items are expected to result in a year-end deficit, the projected impact on year-end financial results including all accruals and encumbrances, and how the independent charter school plans to address any such shortfalls.

(b) The auditor general or the state director of administration may petition the superior court to order the independent charter school to file said reports. The director of administration may also direct the state controller and general treasurer to withhold any funding to the independent charter school until the school complies with the reporting requirements hereunder. Failure to comply with this section shall be cause for the revocation of the school charter.