Senate Bill 573 History
Senate Bill No. 573
(By Senator Cookman)
[Introduced March 19, 2013; referred to the Committee on
A BILL to amend and reenact §18-9-3a of the Code of West Virginia,
1931, as amended, relating to publication of financial
statements by county boards of education; providing that only
a notice of availability of the statement be published; and
providing that the cost of publishing the notice be paid from
the board's general fund.
Be it enacted by the Legislature of West Virginia:
That §18-9-3a of the Code of West Virginia, 1931, as amended,
be amended and reenacted to read as follows:
ARTICLE 9. SCHOOL FINANCES.
§18-9-3a. Preparation, publication and disposition of financial
statements by county boards of education.
The county board of every county, within ninety days after the
beginning of each fiscal year, shall prepare on a form to be prescribed by the State Tax Commissioner and the State
free Schools and cause to be published a
statement revealing: (a) The receipts and expenditures of the
board during the previous fiscal year arranged under descriptive
headings; (b) the name of each firm, corporation and person who
received more than $250 in the aggregate from all funds during the
previous fiscal year, together with the aggregate amount received
from all funds and the purpose for which paid: Provided, That such
the statement shall may not include the name of any person who has
entered into a contract with this board pursuant to the provisions
of sections two, three, four and five, article two, chapter
eighteen-a of this code; and (c) all debts of the board, the
purpose for which each debt was contracted, its due date, and to
what date the interest thereon has been paid. Such A notice of
availability of the statement shall be published as a Class I-0
legal advertisement in compliance with the provisions of article
three, chapter fifty-nine of this code, and the publication area
for such the publication shall be is the county. The county board
shall pay the cost of publishing such statement the notice from the
maintenance general fund of the board.
As soon as is practicable following the close of the fiscal
year, a copy of the
published statement herein required shall be
filed by the county board with the State Tax Commissioner and with
the State Superintendent of free Schools.
The county board shall transmit to any resident of the county
the same it a copy of the published statement for the
fiscal year designated, supplemented by a list of the names of all
school personnel employed by the board during such the fiscal year
showing the amount paid to each, and a list of the names of each
firm, corporation, and person who received less than $500 from any
fund during such the fiscal year showing the amount paid to each
and the purpose for which paid.
NOTE: The purpose of this bill is to provide that after a
county board of education has prepared its annual financial
statement only a notice of availability of the statement must be
published. The bill also provides that the cost of publishing the
notice be paid from the board's general fund.
Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would