Louisiana Administrative Code
Title 28 - EDUCATION
Part CXXXIX - Bulletin 126-Charter Schools
Chapter 25 - Charter School Fiscal Responsibilities
Section CXXXIX-2505 - Financial Reporting
Current through Register Vol. 50, No. 9, September 20, 2024
A. Each charter operator shall submit quarterly reports to the department listing year-to-date revenues and expenditures through that quarter and budgeted revenues and expenditures for the fiscal year, using forms provided by the department and on dates specified by the department as set forth below.
|
Due Date |
Financial Report |
|
July 31 |
Annual Operating Budget Includes actual data for the prior fiscal year ending June 30 along with budgeted data for the current fiscal year starting July1. |
|
October 31 |
First Quarter Financial Report Includes budgeted data for the fiscal year along with the YTD actual data through September 30. |
|
January 31 |
Second quarter Financial Report Includes budgeted data for the fiscal year along with the YTD actual data through September 30. |
|
April 30 |
Third Quarter Financial Report Includes budgeted data for the fiscal Year along with the YTD actual data through March 31. |
B. Each charter school will submit an annual financial report (AFR) to the department no later than September 30 of each year. The AFR shall follow the format and contain information prescribed by the department.
AUTHORITY NOTE: Promulgated in accordance with R.S. 17:6(A)(10), R.S. 17:3981, and R.S. 17:3995.
