New Mexico 2020 Regular Session Status: Enacted

SB 96 — ONLINE SCHOOL BUDGET REPORTING

Last action — Signed

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 08, 2020. Enacted.

Prognosis

Advancing 54% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 3 sponsors

    3 primary, 0 co-sponsors signed on.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

78 added · 108 removed

Plain-language change summary

The recent amendments to Bill SB 96 establish a new requirement for the Public Education Department to create and maintain a statewide financial reporting system for public schools. This system will allow for standardized financial comparisons across schools and education agencies. Such transparency in funding can help stakeholders better understand how resources are allocated, potentially leading to improved financial management and accountability in public education.

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SENATE EDUCATION COMMITTEE SUBSTITUTE FOR SENATE BILL 96 54TH LEGISLATURE - STATEOFNEWMEXICO- SECOND SESSION , 2020 4 6 8 10 AN ACT RELATING TO PUBLIC SCHOOL FINANCE;
AN ACT RELATING TO PUBLIC SCHOOL FINANCE;
14 CREATING REPORTING REQUIREMENTS FOR PUBLIC SCHOOLS;
CREATING REPORTING REQUIREMENTS FOR PUBLIC SCHOOLS;
e t 17 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
8 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
w l n d 18 SECTION 1.
SECTION 1.
A new section of the Public School Finance Act = = 19 is enacted to read:
A new section of the Public School Finance Act is enacted to read:
a l i a e r 20 "[NEW MATERIAL] REPORTING SYSTEM--REPORTING a t m m 21 REQUIREMENTS.-- d r e 22 A.
"REPORTING SYSTEM--REPORTING REQUIREMENTS.-- A.
No later than December 31, 2021, the department, c e s k 23 with input from stakeholders, including school districts, e a n b 24 charter school leaders, business managers and staff from the u [ legislative finance committee and legislative education study .217292.2 SEC/SB 96 committee, shall establish, implement and maintain a statewide financial reporting system that is based on a standard chart of accounts.
No later than December 31, 2021, the department, with input from stakeholders, including school districts, charter school leaders, business managers and staff from the legislative finance committee and legislative education study committee, shall establish, implement and maintain a statewide financial reporting system that is based on a standard chart of accounts.
(1) the reporting system shall be based on a standard chart of accounts that will enable comparisons between schools, between local education agencies and between regional education cooperatives;
(1) the reporting system shall be based on a standard chart of accounts that will enable comparisons between schools, between local education agencies and between SEC/SB 96 Page 1 regional education cooperatives;
(3) the reporting system shall make it possible to determine how school sites and local education e e 17 agencies budget funds to support at-risk students, offer e e n d 18 bilingual and multicultural educational services to students = = l ] 19 and support special education students;
(3) the reporting system shall make it possible to determine how school sites and local education agencies budget funds to support at-risk students, offer bilingual and multicultural educational services to students and support special education students;
a l r i 20 (4) the reporting system shall make it t e a t possible to determine each local education agency's and m m 21 e d regional education cooperative's actual expenditures, which r e 22 c e r c 23 shall include actual salary expenditures and actual benefit e a n b 24 expenditures reported by job category specified in the standard u [ chart of accounts at the local education agency level, at the .217292.2 - 2 - SEC/SB 96 school site level and, if applicable, at the regional education cooperative level;
(4) the reporting system shall make it possible to determine each local education agency's and regional education cooperative's actual expenditures, which shall include actual salary expenditures and actual benefit expenditures reported by job category specified in the standard chart of accounts at the local education agency level, at the school site level and, if applicable, at the regional education cooperative level;
(1) "local education agency" means a school district or state-chartered charter school;
SEC/SB 96 Page 2 (1) "local education agency" means a school district or state-chartered charter school;
APPROPRIATION.--Three million dollars ($3,000,000) is appropriated from the public education reform e e 17 fund to the public education department for expenditure in e e n d 18 fiscal years 2021 through 2023 to carry out the provisions of = = l ] 19 Section 1 of this act and to provide training and technical a l r i 20 assistance.
APPROPRIATION.--Three million dollars ($3,000,000) is appropriated from the public education reform fund to the public education department for expenditure in fiscal years 2021 through 2023 to carry out the provisions of Section 1 of this act and to provide training and technical assistance.
Any unexpended or unencumbered balance remaining t e a t at the end of fiscal year 2023 shall revert to the public m m 21 e d education reform fund." r e 22 c e r c 23 - 3 - e a n b 24 u [ .217292.2
Any unexpended or unencumbered balance remaining at the end of fiscal year 2023 shall revert to the public education reform fund.
SEC/SB 96 Page 3 25
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Action History

  1. Signed

  2. passed House

  3. DO PASS committee report adopted

  4. Sent to House Appropriations & Finance Committee

  5. passed Senate

  6. withdrawn from committee

  7. DO NOT PASS, replaced with committee substitute

  8. germane

  9. Sent to Senate Committees' Committee & Senate Education Committee & Senate Finance Committee

  10. Sent to Senate Pre-file

Sponsors

  • Rebecca Dow · Primary
  • Sander Rue · Primary
  • Jacob R. Candelaria · Primary

Sponsorship breakdown

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3 sponsors · 0 co-sponsors · 109 not signed on

Sponsors (3)

  • Dow, Rebecca
  • Rue, Sander
  • Candelaria, Jacob R.

Co-sponsors (0)

None.

Not signed on (109)

109 members have not signed on to this bill.

Show all 109 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

education
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Frequently asked questions

Who sponsors SB 96?
SB 96 is sponsored by Dow, Rebecca, Rue, Sander, and Candelaria, Jacob R..
What is the current status of SB 96?
This bill has been enacted into law. Introduced January 08, 2020. Enacted.
Where can I track SB 96?
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