California AB757 mandates school districts to submit two budget reports annually to their governing boards.

California AB757 amends the Education Code to require superintendents of school districts to submit two budget reports each fiscal year. The first report covers the financial and budgetary status of the district for the period ending October 31. The second report covers the period ending January 31. Both reports must be approved by the district governing board within 45 days of the period's close. The reports must be based on standards and criteria for fiscal stability adopted by the State Board of Education and made available for public review.

California AB757 mandates school districts to submit two budget reports annually to their governing boards.

California AB757 amends the Education Code to require superintendents of school districts to submit two budget reports each fiscal year. The first report covers the financial and budgetary status of the district for the period ending October 31. The second report covers the period ending January 31. Both reports must be approved by the district governing board within 45 days of the period's close. The reports must be based on standards and criteria for fiscal stability adopted by the State Board of Education and made available for public review.