Oklahomans Will Have Clearer View of School Finances as Gov. Fallin Signs Financial Transparency Legislation

Oklahoma
Quality

Oklahoma parents and leaders will soon have access to enhanced information on how much funding a school is receiving, average per-pupil spending and other information after Governor Mary Fallin signed House Bill 2860 today.

“Parents, school leaders, policymakers and community members deserve access to transparent financial data on how much funding is being generated and how that funding is being spent at each school. When equipped with this information, school leaders will be able to see how spending on key activities compares to similar schools that are achieving greater student success in order to better allocate resources.

 

“ExcelinEd would like to thank Governor Mary Fallin, Senator Gary Stanislawski, Reps. Tammy West and Chad Caldwell, the Oklahoma State Chamber and Oklahoma Achieves for championing this issue.”

 

Patricia Levesque, ExcelinEd CEO

House Bill 2860, and the companion Senate Bill 1199, build upon the state’s existing School District Transparency Act to require the Oklahoma Department of Education to include district and school-level revenue and expenditure data on its website. Additionally, it requires local school districts to link to this data on their websites. This ensures financial data is easily accessible for parents, school leaders and members of the community, as well as promotes resource effectiveness, school empowerment and fairness.

For more information on financial transparency, visit ExcelinEd’s policy library.

Solution Areas:

Education Funding

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