Local School Systems; financial management; strengthen provisions

A BILL to be entitled an Act to amend Title 20 of the Official Code of Georgia Annotated, relating to education, so as to strengthen provisions relating to the financial management of local school systems; to provide for training for local board of education members and local school superintendents on financial management; to provide for monthly reporting to the local board of education on the financial stability of the local school system; to provide for designation by the Department of Audits and Accounts of high-risk local school systems and moderate-risk local school systems based on annual audits; to provide for financial management provisions in flexibility contracts and system charters; to provide for related matters; to repeal conflicting laws; and for other purposes.