requiring the department of education and the department of revenue administration to send school monitoring and financial reports to relevant school and school board authorities.

Header changed from 'AS AMENDED BY THE SENATE' to 'VERSION ADOPTED BY BOTH BODIES,' indicating the bill passed its final stage.

A date stamp (07/06) was added, likely reflecting the date of final adoption by both bodies.

The word 'relevant' was added before 'elected school board official' in both sections, meaning not every school board official will necessarily receive reports - only those deemed relevant to the specific report.

A new definition of 'monitoring report' was added for the Department of Education section: a formal report identifying a compliance concern or deviation from industry standards that recommends corrective action. A similar 'compliance report' definition was added for the DRA section.

The Department of Revenue Administration no longer sends reports directly to school officials or provides annual notifications. Instead, it must create a 'school district audit compliance report' by July 10 and send it to the Department of Education, which then distributes it to relevant school officials.

The requirement for the DRA to provide annual notifications to school board officials, superintendents, and business administrators about what reports it expects to send each year was removed entirely.

A specific deadline of July 10 was added for when the DRA must create and send its school district audit compliance report to the Department of Education.

The phrase 'Electronic communication shall be acceptable' was added to the Department of Education section, explicitly permitting electronic delivery of reports.