Alaska SB267 mandates audits of public school financial data and establishes an internet website for public access.

Alaska SB267 requires school boards to annually audit financial data for the preceding 10 fiscal years. The audits must be conducted by a public accountant with no interest in the district's fiscal affairs. The Legislative Budget and Audit Committee will review these audits and post financial information on a public website. The website will include data from school district audits, categorized by fund and function codes, and will be accessible at no cost.

Alaska SB267 mandates audits of public school financial data and establishes an internet website for public access.

Alaska SB267 requires school boards to annually audit financial data for the preceding 10 fiscal years. The audits must be conducted by a public accountant with no interest in the district's fiscal affairs. The Legislative Budget and Audit Committee will review these audits and post financial information on a public website. The website will include data from school district audits, categorized by fund and function codes, and will be accessible at no cost.