Expands duties of executive county business official; establishes processes for fiscal review of school districts by executive county superintendent and Commissioner of Education.

This bill expands the role of the executive county business official in New Jersey to include conducting regular fiscal reviews of school districts. Under the new provisions, these officials would perform quarterly analyses of budget spending, payroll systems, and cash flow to identify potential financial risks. The officials are required to report their findings and recommendations for corrective action to school superintendents, county superintendents, and the state Commissioner of Education. Additionally, the bill establishes performance assessments for these officials and allows county superintendents to hire extra staff to assist with the increased workload.