|
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| Jan 14, 2016 |
print number 5236b |
| Jan 14, 2016 |
amend and recommit to education |
| Jan 06, 2016 |
referred to education |
| Jun 08, 2015 |
print number 5236a |
| Jun 08, 2015 |
amend and recommit to education |
| May 08, 2015 |
referred to education |
Senate Bill S5236A
2015-2016 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Education Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Bill Amendments
2015-S5236 - Details
2015-S5236 - Summary
Relates to long range financial planning for school districts; requires the superintendent of schools in consultation with the chief financial officer of each school district to prepare for approval by the board of trustees a three-year long-range financial plan to assist districts in establishing and planning financial goals and projections.
2015-S5236 - Sponsor Memo
BILL NUMBER:S5236
TITLE OF BILL: An act to amend the education law, in relation to long
range financial planning for school districts
PURPOSE OF BILL: Relates to long range financial planning for school
Districts.
SUMMARY OF PROVISIONS: A new section 3817 of the Education Law is
added, entitled the long range financial plan. It requires school
districts to develop and adopt three year long range financial plans
and post these plans along with their audited financial statements and
adopted annual budgets on their websites.
JUSTIFICATION: School district finances have become increasingly
complex and difficult to manage, particularly during times of fiscal
stress. School boards and voters should know how current decisions
will affect the ability of the school district to carry out its
educational mission in the future.
In addition, a school district's fiscal condition should be
transparent and made available in a format accessible to the public so
they can make informed decisions. Many, but not all, school districts
put together long range financial plans developed by their chief
business official.
2015-S5236 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
5236
2015-2016 Regular Sessions
I N S E N A T E
May 8, 2015
___________
Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when
printed to be committed to the Committee on Education
AN ACT to amend the education law, in relation to long range financial
planning for school districts
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The education law is amended by adding a new section 3817
to read as follows:
S 3817. LONG RANGE FINANCIAL PLAN. 1. EACH YEAR, COMMENCING WITH THE
PROPOSED BUDGET FOR THE TWO THOUSAND SIXTEEN--TWO THOUSAND SEVENTEEN
SCHOOL YEAR, THE CHIEF FINANCIAL OFFICER OF EACH SCHOOL DISTRICT, IN
CONSULTATION WITH THE BOARD OF TRUSTEES AND THE AUDIT COMMITTEE,
PROVIDED SUCH COMMITTEE EXISTS, SHALL PREPARE FOR APPROVAL BY THE BOARD
OF TRUSTEES A LONG RANGE FINANCIAL PLAN TO ASSIST DISTRICTS IN ESTAB-
LISHING AND PLANNING FINANCIAL GOALS AND PROJECTIONS.
2. THE CHIEF FINANCIAL OFFICER MAY INCLUDE, BUT NOT BE LIMITED TO, THE
ASSISTANT SUPERINTENDENT FOR BUSINESS, SCHOOL BUSINESS ADMINISTRATOR,
SCHOOL BUSINESS OFFICER, OR OTHER SIMILAR OFFICIAL THAT REPORTS DIRECTLY
TO THE SUPERINTENDENT AND HOLDS THE APPROPRIATE CERTIFICATION AS
REQUIRED BY THE DEPARTMENT FOR A SCHOOL DISTRICT ADMINISTRATOR, SCHOOL
BUSINESS ADMINISTRATOR, OR SCHOOL DISTRICT BUSINESS LEADER, OR OTHER
PERSON HOLDING AN APPROPRIATE CERTIFICATE AS DETERMINED BY THE DEPART-
MENT.
3. A LONG RANGE FINANCIAL PLAN SHALL MEAN A PLAN THAT INCLUDES INFOR-
MATION FOR THE CURRENT SCHOOL YEAR AND PROJECTIONS FOR AT LEAST THE
SUBSEQUENT TWO YEARS OF THE SCHOOL DISTRICT THAT COVERS: (A) REVENUES;
(B) EXPENDITURES; (C) UNASSIGNED FUND BALANCE; (D) RESTRICTED FUND
BALANCE; (E) GRANT AWARDS; AND (F) CAPITAL CONSTRUCTION PROJECT PLAN-
NING.
4. A SCHOOL DISTRICT MUST POST ON ITS WEBSITE, IF AVAILABLE, AND IN
FIVE PUBLIC PLACES IN SAID DISTRICT, THE DISTRICT'S LONG RANGE FINANCIAL
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00541-04-5
2015-S5236A - Details
2015-S5236A - Summary
Relates to long range financial planning for school districts; requires the superintendent of schools in consultation with the chief financial officer of each school district to prepare for approval by the board of trustees a three-year long-range financial plan to assist districts in establishing and planning financial goals and projections.
2015-S5236A - Sponsor Memo
BILL NUMBER:S5236A
TITLE OF BILL: An act to amend the education law, in relation to long
range financial planning for school districts
SUMMARY OF SPECIFIC PROVISIONS:
A new section 3817 of the Education Law is added, entitled the long
range financial plan. It requires school districts to develop and
adopt three year long range financial plans and post these plans along
with their audited financial statements and adopted annual budgets on
their websites,.
JUSTIFICATION:
School district finances have become increasingly complex and
difficult to manage, particularly during times of fiscal stress.
School boards and voters should know how current decisions will affect
the ability of the school district to carry out its educational
mission in the future.
In addition, a school district's fiscal condition should be
transparent and made available in a format accessible to the public so
they can make informed decisions.
Proper long range financial planning is critical to insuring that
2015-S5236A - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
5236--A
2015-2016 Regular Sessions
I N S E N A T E
May 8, 2015
___________
Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when
printed to be committed to the Committee on Education -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
AN ACT to amend the education law, in relation to long range financial
planning for school districts
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The education law is amended by adding a new section 3817
to read as follows:
S 3817. LONG RANGE FINANCIAL PLAN. 1. EACH YEAR, COMMENCING WITH THE
PROPOSED BUDGET FOR THE TWO THOUSAND SIXTEEN--TWO THOUSAND SEVENTEEN
SCHOOL YEAR, THE SUPERINTENDENT OF SCHOOLS IN CONSULTATION WITH THE
CHIEF FINANCIAL OFFICER OF EACH SCHOOL DISTRICT, AND THE BOARD OF TRUS-
TEES, SHALL PREPARE FOR APPROVAL BY THE BOARD OF TRUSTEES A LONG RANGE
FINANCIAL PLAN TO ASSIST SUCH DISTRICTS IN ESTABLISHING AND PLANNING
FINANCIAL GOALS AND PROJECTIONS.
2. A LONG RANGE FINANCIAL PLAN SHALL MEAN A PLAN THAT INCLUDES INFOR-
MATION FOR THE CURRENT SCHOOL YEAR AND PROJECTIONS FOR AT LEAST THE
SUBSEQUENT TWO YEARS OF THE SCHOOL DISTRICT THAT COVERS: (A) REVENUES;
(B) EXPENDITURES; (C) UNASSIGNED FUND BALANCE; (D) RESTRICTED FUND
BALANCE; (E) GRANT AWARDS; AND (F) CAPITAL CONSTRUCTION PROJECT PLAN-
NING.
3. A SCHOOL DISTRICT MUST POST ON ITS WEBSITE, IF AVAILABLE, AND IN
FIVE PUBLIC PLACES IN SAID DISTRICT, THE DISTRICT'S LONG RANGE FINANCIAL
PLAN, ANNUAL AUDITED FINANCIAL STATEMENT, INCLUDING ANY CORRECTIVE
ACTION PLAN AS REQUIRED BY SECTION TWENTY-ONE HUNDRED SIXTEEN-A OF THIS
CHAPTER, AND ADOPTED ANNUAL BUDGET.
4. A DISTRICT MAY APPLY TO THE COMMISSIONER FOR A WAIVER OF THE
REQUIREMENT TO PREPARE A LONG TERM FINANCIAL PLAN UNDER SUBDIVISION ONE
OF THIS SECTION, WHICH MAY BE GRANTED AT THE DISCRETION OF THE COMMIS-
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00541-06-5
2015-S5236B (ACTIVE) - Details
2015-S5236B (ACTIVE) - Summary
Relates to long range financial planning for school districts; requires the superintendent of schools in consultation with the chief financial officer of each school district to prepare for approval by the board of trustees a three-year long-range financial plan to assist districts in establishing and planning financial goals and projections.
2015-S5236B (ACTIVE) - Sponsor Memo
BILL NUMBER: S5236B
TITLE OF BILL :
An act to amend the education law, in relation to long range financial
planning for school districts
SUMMARY OF SPECIFIC PROVISIONS :
A new section 3817 of the Education Law is added, entitled the long
range financial plan. It requires school districts to develop and
adopt three year long range financial plans and post these plans along
with their audited financial statements and adopted annual budgets on
their websites.
JUSTIFICATION :
School district finances have become increasingly complex and
difficult to manage, particularly during times of fiscal stress.
School boards and voters should know how current decisions will affect
the ability of the school district to carry out its educational
mission in the future.
In addition, a school district's fiscal condition should be
transparent and made available in a format accessible to the public so
they can make informed decisions.
2015-S5236B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
5236--B
2015-2016 Regular Sessions
I N S E N A T E
May 8, 2015
___________
Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when
printed to be committed to the Committee on Education -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee -- recommitted to the Committee on Education in
accordance with Senate Rule 6, sec. 8 -- committee discharged, bill
amended, ordered reprinted as amended and recommitted to said commit-
tee
AN ACT to amend the education law, in relation to long range financial
planning for school districts
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The education law is amended by adding a new section 3817
to read as follows:
S 3817. LONG RANGE FINANCIAL PLAN. 1. EACH YEAR, COMMENCING WITH THE
PROPOSED BUDGET FOR THE TWO THOUSAND SEVENTEEN--TWO THOUSAND EIGHTEEN
SCHOOL YEAR, THE SUPERINTENDENT OF SCHOOLS IN CONSULTATION WITH THE
CHIEF FINANCIAL OFFICER OF EACH SCHOOL DISTRICT, AND THE BOARD OF TRUS-
TEES, SHALL PREPARE FOR APPROVAL BY THE BOARD OF TRUSTEES A LONG RANGE
FINANCIAL PLAN TO ASSIST SUCH DISTRICTS IN ESTABLISHING AND PLANNING
FINANCIAL GOALS AND PROJECTIONS.
2. A LONG RANGE FINANCIAL PLAN SHALL MEAN A PLAN THAT INCLUDES INFOR-
MATION FOR THE CURRENT SCHOOL YEAR AND PROJECTIONS FOR AT LEAST THE
SUBSEQUENT TWO YEARS OF THE SCHOOL DISTRICT THAT COVERS: (A) REVENUES;
(B) EXPENDITURES; (C) UNASSIGNED FUND BALANCE; (D) RESTRICTED FUND
BALANCE; (E) GRANT AWARDS; AND (F) CAPITAL CONSTRUCTION PROJECT PLAN-
NING.
3. A SCHOOL DISTRICT MUST POST ON ITS WEBSITE, IF AVAILABLE, AND IN
FIVE PUBLIC PLACES IN SAID DISTRICT, THE DISTRICT'S LONG RANGE FINANCIAL
PLAN, ANNUAL AUDITED FINANCIAL STATEMENT, INCLUDING ANY CORRECTIVE
ACTION PLAN AS REQUIRED BY SECTION TWENTY-ONE HUNDRED SIXTEEN-A OF THIS
CHAPTER, AND ADOPTED ANNUAL BUDGET.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00541-09-6
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