Ohio SB48 mandates annual audits of chartered nonpublic schools receiving state funds.

Ohio SB48 amends the state's Revised Code to require the auditor of state to audit each chartered nonpublic school annually. The audits will focus on specific funds or accounts into which public money has been placed or deposited for that fiscal year. Public money includes funds received for participation in the educational choice scholarship program, administrative and clerical cost reimbursements, and auxiliary services reimbursements.

Ohio SB48 mandates annual audits of chartered nonpublic schools receiving state funds.

Ohio SB48 amends the state's Revised Code to require the auditor of state to audit each chartered nonpublic school annually. The audits will focus on specific funds or accounts into which public money has been placed or deposited for that fiscal year. Public money includes funds received for participation in the educational choice scholarship program, administrative and clerical cost reimbursements, and auxiliary services reimbursements.