Utah Admin. Code R277-113-1 - Authority, Purpose, and Oversight Category
(1) This rule
is authorized by:
(a) Utah Constitution
Article X, Section 3, which vests general control and supervision over public
education in the Board;
(b)
Subsection 53E-3-401(4), which allows the Board to make rules to execute the
Board's duties and responsibilities under the Utah Constitution and state
law;
(c) Subsection
53E-3-501(1)(e)(i), which directs the Board to establish rules and minimum
standards for school productivity and cost effectiveness measures;
(d) Subsection 53E-3-501(1)(e)(iv), which
allows the Board to adopt rules regarding financial, statistical, and student
accounting requirements;
(e)
Section 53E-3-602, which allows the Board to approve auditing standards for LEA
governing boards;
(f) Section
53E-3-603, which requires the Board to verify accounting procedures of LEA
governing boards for determining the allocation of Uniform School
Funds;
(g) Section 53E-5-202, which
directs the Board to adopt rules to implement a statewide accountability
system;
(h) Subsection
53G-5-404(4), which requires charter schools to make the same annual reports
required of other public schools, including an annual financial audit
report;
(i) Subsection
53F-2-209(2), which requires the Board to make rules for flexible use of
restricted funds; and
(j) ESSA,
which requires states to revise and redesign school accountability
systems.
(2) The purpose
of this rule is to:
(a) require LEAs to
formally adopt and implement policies regarding the management and use of
public funds;
(b) provide minimum
standards, procedures, and definitions for LEA policies;
(c) direct that LEAs make policies,
procedures, and training materials available to the public and readily
accessible on LEA or public school websites, to the extent of resources
available;
(d) require LEAs to
train employees in:
(i) appropriate financial
practices;
(ii) necessary
accounting procedures; and
(iii)
ethical financial practices;
(e) specify uniform budgeting, accounting,
and auditing procedures for LEAs consistent with GAAP, GAAS, and GAGAS;
and
(f) establish reporting and
accounting requirements for LEAs to enable the Board to comply with
ESSA.
(3) This Rule
R277-113 is categorized as Category 3 as described in Rule R277-111.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
(1) This rule is authorized by:
(a) Utah Constitution Article X, Section 3, which vests general control and supervision over public education in the Board;
(b) Subsection 53E-3-401(4), which allows the Board to make rules to execute the Board's duties and responsibilities under the Utah Constitution and state law;
(c) Subsection 53E-3-501(1)(e)(i), which directs the Board to establish rules and minimum standards for school productivity and cost effectiveness measures;
(d) Subsection 53E-3-501(1)(e)(iv), which allows the Board to adopt rules regarding financial, statistical, and student accounting requirements;
(e) Section 53E-3-602, which allows the Board to approve auditing standards for LEA governing boards;
(f) Section 53E-3-603, which requires the Board to verify accounting procedures of LEA governing boards for determining the allocation of Uniform School Funds;
(g) Section 53E-5-202, which directs the Board to adopt rules to implement a statewide accountability system;
(h) Subsection 53G-5-404(4), which requires charter schools to make the same annual reports required of other public schools, including an annual financial audit report;
(i) Subsection 53F-2-209(2), which requires the Board to make rules for flexible use of restricted funds; and (j) ESSA, which requires states to revise and redesign school accountability systems.
(2) The purpose of this rule is to:
(a) require LEAs to formally adopt and implement policies regarding the management and use of public funds ;
(b) provide minimum standards, procedures, and definitions for LEA policies;
(c) direct that LEAs make policies, procedures, and training materials available to the public and readily accessible on LEA or public school websites, to the extent of resources available;
(d) require LEAs to train employees in:
(i) appropriate financial practices;
(ii) necessary accounting procedures; and
(iii) ethical financial practices;
(e) specify uniform budgeting, accounting, and auditing procedures for LEAs consistent with GAAP , GAAS , and GAGAS ; and
(f) establish reporting and accounting requirements for LEAs to enable the Board to comply with ESSA.
(3) This Rule R277-113 is categorized as Category 3 as described in Rule R277-111.