Staff Analysis of the Legislation
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SUMMARY: LC 33 6381 LC 33 6565S Requires principals and finance directors of charter schools to participate in finance training for newly approved charter schools and annual training thereafter. Such training is to be conducted or approved by the State Board of Education.
Charter schools that are college and career academies finance training is to be provided or approved by the State Board of Education in conjunction with the Technical College System of Georgia.
Finance training for charters approved by the State Charter Schools Commission shall be approved by the Commission.
Training shall include, but not be limited to, payroll, purchasing, government accounting, financial policies, internal controls, and budgeting.
EFFECTIVE DATE: Upon approval by the General Assembly and Governor.
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