There is a newer version
of
this Section
2017 Oklahoma Statutes
Title 70. Schools
§70-5-151. Purpose.
Universal Citation: 70 OK Stat § 70-5-151 (2017)
The purpose of the School District Budget Act is to provide an alternate budget procedure for school districts which will:
1. Establish standard and sound fiscal procedures for the adoption and administration of budgets;
2. Make available to the public and investors sufficient information as to the financial conditions, requirements and expectations of the school district; and
3. Assist school districts to improve and implement generally accepted standards of financial management as promulgated by the Governmental Accounting Standards Board (GASB).
Added by Laws 1996, c. 178, § 3, eff. July 1, 1996.
Disclaimer: These codes may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
