Okla. Stat. tit. 70, § 70-5-151
This is the official text of Okla. Stat. tit. 70, § 70-5-151, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Purpose
Official statutory text
The purpose of the School District Budget Act is to provide an
alternate budget procedure for school districts which will:
1. Establish standard and sound fiscal procedures for the
adoption and administration of budgets;
2. Make available to the public and investors sufficient
information as to the financial conditions, requirements and
expectations of the school district; and
Oklahoma Statutes - Title 70. Schools Page 323
3. Assist school districts to improve and implement generally
accepted standards of financial management as promulgated by the
Governmental Accounting Standards Board (GASB).
alternate budget procedure for school districts which will:
1. Establish standard and sound fiscal procedures for the
adoption and administration of budgets;
2. Make available to the public and investors sufficient
information as to the financial conditions, requirements and
expectations of the school district; and
Oklahoma Statutes - Title 70. Schools Page 323
3. Assist school districts to improve and implement generally
accepted standards of financial management as promulgated by the
Governmental Accounting Standards Board (GASB).
Status: in_force · Read it on the official government site
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