3301-19-02 Purpose.

The purpose of the rules in this chapter is to:

(A) Establish the rules, procedures and standards enabling the superintendent of public instruction to annually inspect and analyze the expenditures of each school district and make a determination as to the efficiency of each school's costs, relative to other similar school districts in the state and for the reporting of expenditures of those funds for particular funded components of the evidence-based funding model;

(B) Comply with sections 3301.12 and 3306.25 of the Revised Code authorizing such inspection and analysis;

(C) Analyze financial reports of expenditures in like categories in administration, facilities and operations, teacher support, pupil support, and instruction;

(D) Analyze financial reports of expenditures for core academic strategy components, academic improvement components, and other components of the evidence-based funding model.

(E) Present the analyses ingenerally understandable formats to be reported state-wide annually in an effort to encourage efficient school operation, to provide useful information about school finances to the general population, and to demonstrate how funds provided through the evidence-based funding model are directed toward the purposes for which they were calculated.

Effective: 07/24/2010
R.C. 119.032 review dates: 04/25/2014
Promulgated Under: 119.03
Statutory Authority: 3301.07 , 3301.12 , 3306.25
Rule Amplifies: 3301.12 , 3306.25
Prior Effective Dates: 4/11/94