June 4, 2014, Introduced by Rep. Oakes and referred to the Committee on Education.
A bill to amend 1976 PA 451, entitled
"The revised school code,"
(MCL 380.1 to 380.1852) by adding section 1219.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 1219. (1) The board of a school district shall allow the
intermediate school district to which it is constituent to have
access to the financial and other records of the school district,
including, but not limited to, records concerning an account with a
financial institution, as the intermediate superintendent considers
necessary for the intermediate school district to perform its
duties under subsection (2).
(2) An intermediate school district shall monitor the finances
of each of its constituent school districts and shall do all of the
following:
(a) Regularly review all records, funds, contracts, property,
and assets of each constituent school district.
(b) Submit biannual reports detailing findings on the finances
of each constituent school district to the department, the
department of treasury, the governor, and each member of the senate
or house of representatives that represents the school district.