What's happening
This bill requires New York City and State comptrollers to coordinate financial audits of charter schools to prevent duplication and disruption.
Why it matters
Reduces the risk of redundant audits. by requiring the state and city comptrollers to coordinate before auditing a New York City charter school, which can save schools time and resources that would otherwise be spent on multiple, overlapping reviews.
Minimizes disruption to school operations. by ensuring that audits are scheduled and performed in a coordinated manner, helping charter schools better plan for compliance without unnecessary interruptions to teaching and learning.
Promotes efficient use of government resources. by preventing duplicated audit efforts between city and state agencies, potentially leading to cost savings for taxpayers and more targeted oversight of charter school finances.
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Who cares
Headline styles
Coordinate Charter School Audits
Plain English, a few words. Used as the page title.
Sponsors
1 Co-sponsor
History
- Referred to new york city education
- Committee discharged and committed to new york city education
- Referred to education
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Audit Charter Schools Better
In Assembly Committee · Education · Sponsor Michael Benedetto
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
4926
2019-2020 Regular Sessions
IN SENATE
March 29, 2019
Introduced by Sen. LIU -- read twice and ordered printed, and when printed to be committed to the Committee on Education
AN ACT to amend the education law, in relation to charter schools in cities with a population of one million or more
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph (c) of subdivision 1 of section 2854 of the education law, as amended by section 10-b of part A of chapter 56 of the laws of 2014, is amended to read as follows:
(c) (i) A charter school shall be subject to the financial audits, the audit procedures, and the audit requirements set forth in the charter, and shall be subject to audits of the comptroller [of the city school district] of the city of New York for charter schools located in New York city, and to the audits of the comptroller of the state of New York [for charter schools located in the rest of the state], at his or her discretion, with respect to the school's financial operations.
(ii) Such audit procedures and standards shall be consistent with generally accepted accounting and audit standards. Independent fiscal audits shall be required at least once annually.
(iii) To avoid duplication of effort and in the interest of economy and avoiding interference with school operations, prior to conducting an audit of a charter school in New York city, the state comptroller and the comptroller of the city of New York shall coordinate the scheduling and performance of such audits.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10779-01-9
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend the education law, in relation to charter schools in cities with a population of one million or more
Purpose or general idea of bill
Allows the New York State Comptroller to conduct audits of New York City charter schools.
Justification
Under current law, charter schools located in the City of New York may only be audited by the New York City Comptroller. For the New York State Comptroller to conduct a comprehensive audit of all charter schools in the State of New York, he/she must impose upon the City Comptroller to conduct an audit in a similar timeframe and manner. This forces the City Comptroller to rededicate personnel and resources to meet the request or to not cooperate with the request. This bill allows the State Comp- troller the possibility of utilizing State Comptroller personnel and resources for such an audit.
Legislative history
New Bill
Fiscal implications
None
Effective date
Immediate
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.