| Last Action | 01/28/26: to Education (S) |
|---|---|
| Title | AN ACT relating to school district finances. |
| Bill Documents | Introduced |
| Bill Request Number | 1799 |
| Sponsors | L. Tichenor, G. Elkins, S. Funke Frommeyer, M. Wilson |
| Summary of Original Version | Create a new section of KRS Chapter 160 to establish the calendar and procedures for a district superintendent and local board of education to adopt a school district budget; require that a budget must include a reserve of not less than 2%; amend KRS 160.431 to require the annual financial report and the Kentucky Department of Education's written report be published on the district financial disclosure website; amend KRS 160.463 to require a school district to maintain a district financial disclosure website; identify the information that shall be published on the website; amend KRS 157.440, 160.390, 160.460, 160.470, 160.473, 160.530 and 160.550 to conform; require districts to publish the most recent information available on the district financial disclosure website upon the effective date of the Act. |
| Index Headings of Original Version |
Boards And Commissions - Local boards of education, budget-setting process, establishment Boards And Commissions - Local boards of education, financial disclosure website, requirement Budget And Financial Administration - Local boards of education, budget-setting process, establishment Budget And Financial Administration - Local boards of education, financial disclosure website, requirement Education, Elementary And Secondary - Budget-setting process, school districts, establishment Education, Elementary And Secondary - Financial disclosure website, school district, requirement Education, Finance - Budget-setting process, school districts, establishment Public Records And Reports - Financial disclosure website, school district, requirement Publications - Financial disclosure website, school district, requirement |
| 01/21/26 |
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| 01/28/26 |
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Last updated: 1/28/2026 5:10 PM (EST)