(a) The Department of Education shall develop and implement a uniform system of accounting for school revenues and expenditures. Such uniform system of accounting shall include a chart of accounts to be used at the school and district level. Such chart of accounts shall include, but not be limited to, all amounts and sources of revenue and donations of cash and real or personal property in the aggregate totaling five hundred dollars or more, including federal impact aid, received by a local or regional board of education, regional educational service center, charter school or charter management organization on behalf of a school district or individual school. Select measures shall be required at the individual school level, as determined by the department. The department shall make such chart of accounts available on its Internet web site.
(b) For the fiscal year ending June 30, 2015, and each fiscal year thereafter, each local or regional board of education, regional educational service center and state charter school shall implement such uniform system of accounting by completing and filing annual financial reports with the department using the chart of accounts and meet the provisions of section 10-227.
(c) The Office of Policy and Management may annually audit the financial reports submitted pursuant to subsection (b) of this section for any local or regional board of education, regional educational service center or state charter school.
(d) Not later than July 1, 2013, the Department of Education shall submit the chart of accounts described in subsection (a) of this section to the joint standing committees of the General Assembly having cognizance of matters relating to education and appropriations and the budgets of state agencies, in accordance with the provisions of section 11-4a.
(P.A. 12-116, S. 15; P.A. 19-117, S. 249.)
History: P.A. 12-116 effective May 14, 2012; P.A. 19-117 amended Subsec. (a) by adding “, including federal impact aid,”, effective July 1, 2019.
Structure Connecticut General Statutes
Title 10 - Education and Culture
Chapter 163 - State Board of Education. Department of Education
Section 10-1. - Appointment of board members.
Section 10-2a. - Student Advisory Council on Education.
Section 10-3. - Prosecuting agents to enforce school laws.
Section 10-3b. - Annual report to the General Assembly re State Education Resource Center.
Section 10-4a. - Educational interests of state identified.
Section 10-4c. - State board to monitor state grants to local and regional boards.
Section 10-4d. - Advisory committee on educational equity.
Section 10-4e. - Coordination and planning for educational technology.
Section 10-4f. - State Board of Education. Copyright authority.
Section 10-4g. - Parental and community involvement in schools; model program; school-based teams.
Section 10-4h. - Grant program for telecommunications projects.
Section 10-4l. - Advisory committee on school district reporting requirements.
Section 10-4m. - Commission on Educational Excellence.
Section 10-4n. - Committee on Educational Equity and Excellence.
Section 10-4s. - Reports and evaluations re school governance councils and reconstituted schools.
Section 10-4t. - Reports and evaluations re school governance councils.
Section 10-4u. - Parent Trust Fund.
Section 10-4v. - Innovation waivers. Procedural requirements. Legislative review.
Section 10-5a. - Educational technology and high school graduation requirements.
Section 10-5b. - Department of Education web site.
Section 10-5c. - Academic advancement program.
Section 10-5e. - Development or approval of end of the school year examinations.
Section 10-7e. - Occupational schools in existence on October 1, 1979.
Section 10-7v. - Digital Citizenship, Internet Safety and Media Literacy Advisory Council.
Section 10-8b. - Teacher shortages.
Section 10-8c. - Accelerated cross endorsement. Former teacher certification.
Section 10-9. - Bequests for educational purposes.
Section 10-9a. - Misuse of state funds or resources. Civil action by department.
Section 10-10. - Acquisition of federal surplus property.
Section 10-10b. - Inclusion of state-assigned student identifier on all official student documents.
Section 10-10c. - Uniform system of accounting. Chart of accounts. Audit.
Section 10-10d. - Regulations re fiscal accountability data collection report.
Section 10-10f. - Minimum budget requirement calculation worksheet.
Section 10-10h. - Document re resources for students and families.
Section 10-11a. - Allocation to meet matching requirements of federal acts.
Section 10-12. - State Board of Vocational Education.
Section 10-13. - Appointment of physicians for technical education and career schools.
Section 10-13a. - Fees at technical institutes.