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Current as of January 01, 2025 | Updated by Findlaw Staff
1. Each empowerment school, other than a charter school that is sponsored by the State Public Charter School Authority, by a college or university within the Nevada System of Higher Education or by a city or county, shall, on a quarterly basis, submit to the board of trustees of the school district in which the school is located a report that includes:
(a) The financial status of the school; and
(b) A description of the school's compliance with each component of the empowerment plan for the school.
2. Each charter school that is sponsored by the State Public Charter School Authority, by a college or university within the Nevada System of Higher Education or by a city or county which is approved to operate as an empowerment school shall, on a quarterly basis, submit to the Department a report that includes:
(a) The financial status of the school; and
(b) A description of the school's compliance with each component of the empowerment plan for the school.
3. The board of trustees of a school district shall conduct a financial audit of each empowerment school within the school district, other than a charter school that is sponsored by the State Public Charter School Authority, by a college or university within the Nevada System of Higher Education or by a city or county. Each financial audit must be conducted on an annual basis and more frequently if determined necessary by the board of trustees.
4. The Department shall conduct a financial audit of each charter school that is sponsored by the State Public Charter School Authority, by a college or university within the Nevada System of Higher Education or by a city or county which operates as an empowerment school on an annual basis and more frequently if determined necessary by the Department.
5. On or before July 1 of each year, the board of trustees of each school district shall compile the reports and audits required pursuant to subsections 1 and 3, if any, and forward the compilation to the:
(a) Governor;
(b) Department; and
(c) Joint Interim Standing Committee on Education.
6. On or before July 1 of each year, the Department shall compile the reports and audits required pursuant to subsections 2 and 4, if any, and forward the compilation to the:
(a) Governor; and
(b) Joint Interim Standing Committee on Education.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 34. Education § 388G.200. Quarterly report by empowerment school; annual financial audit required; compilation of reports and audits - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-34-education/nv-rev-st-388g-200/
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