January 13, 2011, read first time and referred to Committee on Education.
Introduced
First Regular Session 117th General Assembly (2011)
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HOUSE BILL No. 1338
A BILL FOR AN ACT to amend the Indiana Code concerning
education.
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: IC 20-39-5; (11)IN1338.1.1. -->
SECTION 1. IC 20-39-5 IS ADDED TO THE INDIANA CODE AS
A
NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY
1, 2011]:
Chapter 5. Financial Transparency
Sec. 1. As used in this chapter, "education provider" refers to
any of the following:
(1) A school corporation.
(2) A charter school.
(3) A joint program (as defined in IC 20-26-10-1).
Sec. 2. (a) As used in this chapter, "entity" means a corporation,
an association, a union, a limited liability corporation, a limited
liability partnership, a grantee, a contractor, a unit of local
government, a nonprofit corporation, or an employee of an
education provider.
(b) The term does not include an individual recipient of public
assistance.
Sec. 3. As used in this chapter, "public record" has the meaning
set forth in IC 5-15-6-1.5.
Sec. 4. (a) Not later than June 30, 2012, each education provider
shall develop, maintain, and make available to the public a single,
searchable revenue and expenditure data base on the education
provider's Internet site to allow the public, at no cost, to review
information concerning money collected and expended by the
education provider.
(b) The data base must include the following information for
each fiscal year concerning expenditures made by the education
provider:
(1) A comprehensive total for all money expended by:
(A) the education provider;
(B) a subsidiary under the education provider's control;
and
(C) a governmental or nongovernmental entity on behalf
of the education provider or a subsidiary under the
education provider's control.
(2) The total amount expended for adult education programs,
not including expenses for a general educational development
diploma program under IC 20-20-6 or an alternative high
school diploma program.
(3) The total amount expended for community services that
are not used exclusively for kindergarten through grade 12
purposes.
(4) The total amount expended for preschool and early
childhood education programs for children who are not old
enough to attend kindergarten.
(5) The name and principal location or address of an entity
receiving money. Information concerning a payment made to
an employee of the education provider must identify the
individual employee by name and work address.
(6) The amount of expended money.
(7) The funding source of expended money.
(8) The date of each expenditure.
(9) The budget category in which each expenditure is
included.
(10) A description of the purpose of each expenditure.
(11) A unique identifier for each expenditure under
subdivisions (2) and (3), and for all other expenditures to the
extent possible.
(12) A copy of all credit card statements, identified by the
department responsible for the credit card.
(c) The data base must include and store both the budgeted
amounts and audited actual figures for each fiscal year, identified
as a budgeted or an actual figure. Budgeted amounts must be
included in the data base not more than one (1) week following the
adoption of a budget. Actual audited amounts expended must be
included in the data base not more than one (1) week following the
acceptance of the audited amounts.
(d) The education provider shall ensure that the expenditure
data in the data base is provided in an open structured data format
that:
(1) may be downloaded by the user; and
(2) allows the user to systematically sort, search, and access
all data.
(e) The data base may contain only information that is:
(1) a public record; and
(2) not confidential or otherwise protected from public
disclosure under state or federal law.
Sec. 5. The education provider shall:
(1) update the financial data contained in the data base at
least monthly;
(2) archive the financial data in a manner that remains
accessible and searchable on the Internet site;
(3) make the data base easily accessible from the main page of
the education provider's Internet site;
(4) create and make easily accessible an automated Really
Simple Syndication feed to which users of the data base may
subscribe for notification of updates to the data base; and
(5) post, on the main page of the education provider's Internet
site, the following information for the most recent fiscal year:
(A) The total expenditures, both budget and actual, set
forth in section 4(b)(1) through 4(b)(4) of this chapter on
the schedule set forth in section 4(c) of this chapter.
(B) The estimated or actual ADM for kindergarten
through grade 12, and for preschool or early childhood
education programs, if applicable.
(C) The amount of spending per student, both budgeted
and actual, determined under STEP FIVE of the following
formula:
STEP ONE: Determine the total expenditures described
in section 4(b)(1) of this chapter.
STEP TWO: From the amount determined under STEP
ONE, subtract the amount described in section 4(b)(2) of
this chapter.
STEP THREE: From the remainder determined under
STEP TWO, subtract the amount described in section
4(b)(3) of this chapter.
STEP FOUR: From the remainder determined under
STEP THREE, subtract the amount described in section
4(b)(4) of this chapter.
STEP FIVE: Divide the remainder determined under
STEP FOUR by the ADM for kindergarten through
grade 12.