Plain English Breakdown
The bill summary and text do not provide specific details on how soon after June 30 the audits must be submitted once the deadline is set, leaving this as an open question.
Charter School Audit Deadline
This bill changes when charter schools must submit their financial reports to the state by giving the comptroller of the treasury authority to set deadlines.
What This Bill Does
- Adds language that gives the comptroller of the treasury the power to determine how soon after June 30 each year charter schools are required to submit audits of their accounts and records.
Who It Names or Affects
- Charter schools in Tennessee
- The comptroller of the treasury
Terms To Know
- Comptroller of the Treasury
- A state official who manages government finances and audits.
- Audit
- An examination of financial records to check for accuracy and compliance with laws.
Limits and Unknowns
- The bill does not specify exactly when the comptroller must set the audit deadline.
- It is unclear how soon after June 30 charter schools will have to submit their audits once the deadline is set.