Plain English Breakdown
The official text specifies a specific date for adjournment (May 13, 2026) and effective dates contingent on that; however, the exact future date of enactment remains conditional on voter action.
Examination of School District Records for Charter Construction
This law allows the state auditor to choose whether to check school district records about money spent on building projects for qualified charter schools.
What This Bill Does
- Allows the state auditor to decide if they will examine school district records instead of requiring them to do it every year.
- Focuses audits on districts that received state education fund money for capital construction projects at qualified charter schools.
- Aims to find out how much state money each district spent and which specific schools or projects used the funds.
Who It Names or Affects
- The State Auditor of Colorado
- School districts that received state education fund money for capital construction projects at qualified charter schools
Terms To Know
- State Education Fund Money
- Money provided by the state government to support school capital construction.
- Capital Construction Projects
- Building or major repair work on school facilities like new buildings or renovations.
- Qualified Charter Schools
- Schools defined in state law that receive direct capital construction aid from the department of education.
Limits and Unknowns
- The bill does not say exactly when or how often the auditor must choose to perform an audit.
- The effective date depends on whether voters file a petition for a referendum within ninety days after the legislative session ends; if filed, it only takes effect if approved by voters in November 2026.