What's happening
The bill requires the state and city comptrollers to coordinate audits of charter schools in New York City.
Why it matters
Aims to improve oversight by requiring the state and city comptrollers to coordinate audits of NYC charter schools. , which could help identify financial mismanagement or inefficiencies more effectively than separate, potentially duplicative audits.
Seeks to prevent conflicting audit findings or redundant requests for information. , potentially reducing administrative burdens on charter schools and allowing them to focus more resources on education rather than compliance.
May lead to more standardized and transparent financial practices among NYC charter schools. , giving parents, taxpayers, and policymakers clearer insight into how public funds are spent and increasing public trust in the charter system.
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Who cares
New York City charter schools
The bill would subject their financial operations to discretionary audits by both the city and state comptrollers, alongside existing annual independent fiscal audits.
New York State comptroller
The bill would authorize audits of New York City charter schools and require coordination with the city comptroller on audit scheduling and performance.
New York City comptroller
The bill would expressly name the office as a charter school auditor and require the state comptroller to coordinate with it before conducting a city charter school audit.
Headline styles
Expand Charter School Audits
Plain English, a few words. Used as the page title.
Sponsors
1 Co-sponsor
History
- Referred to new york city education
- Referred to new york city education
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
552
2025-2026 Regular Sessions
IN SENATE (Prefiled)
January 8, 2025
Introduced by Sens. LIU, SALAZAR -- read twice and ordered printed, and when printed to be committed to the Committee on New York City 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) 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 and the comptroller of the state 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] the comptroller's discretion, with respect to the school's financial operations. 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. Prior to conducting an audit of a charter school located in New York city, the comptroller of the state of New York shall coordinate the scheduling and performance of such audit with the comptroller of the city of New York.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02430-01-5
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.
Summary of provisions
Section one provides that charter schools located in the city of New York are subject to financial audits by the comptroller of the State of New York. Prior to conducting an audit, the comptroller of the State of New York would be required to coordinate the scheduling and performance of such audits with the comptroller of the city of New York.
Section two sets forth the effective date.
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 person- nel and resources for such an audit.
Legislative history
01/03/24 REFERRED TO NEW YORK CITY EDUCATION
01/19/23 REFERRED TO NEW YORK CITY EDUCATION
01/05/22 REFERRED TO NEW YORK CITY EDUCATION
2020-2019 Referred to Education
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.