HB 26-1191

House Bill 26-1191 changes how Colorado's state auditor checks school district records. Instead of being required by law to do an annual review of how money is spent on capital construction projects for charter schools, the bill allows the auditor to decide when and if these reviews should happen. This affects how school districts manage their finances related to building and improving facilities for charter schools. The bill has been signed into law, meaning it will now be implemented as part of Colorado's legal framework.

Official Summary

Legislative Audit Committee. Current law requires the state auditor to annually examine the records of a school district that received state education fund money (school district) for capital construction projects for qualified charter schools in the district to determine the amount of state education fund money expended by each school district in the state for capital construction and to identify the schools and projects on which school districts expended the money. The bill repeals this requirement and instead allows the state auditor to conduct the examination at the state auditor's discretion.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

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