§ 2968 - Reports
§ 2968. Reports
(a) On or before November 15, March 15, and August 1 of each school year, each supervisory union and supervisory district shall file a financial report with the commissioner in a form prescribed by the commissioner. The report shall describe total expenditures for special education actually incurred during the preceding period, and shall describe revenues derived from different funding sources, including but not limited to federal assistance, state assistance under this section, and local effort.
(b) If a supervisory union or school district fails to file a complete report by August 1, until the properly completed August 1 report is filed and accepted by the commissioner, the commissioner may withhold any funds due the supervisory union or district under this title and shall subtract $100.00 per business day from funds due to the district under this title for that fiscal year. The commissioner may waive the $100.00 penalty required under this subsection upon appeal by the supervisory union or school district. The commissioner by rule shall establish procedures for administration of this subsection.
(c) The commissioner shall review and monitor the reports set forth in subsection (a) of this section as well as the service plans set forth in section 2964 of this title, and shall assist supervisory unions and school districts to complete and submit these documents in a timely and accurate fashion.
(d) Special education receipts and expenditures shall be included within the audits required of supervisory unions and school districts pursuant to sections 323 and 563(17) of this title. (Added 1987, No. 235 (Adj. Sess.), § 7; amended 1989, No. 230 (Adj. Sess.), § 21; 1995, No. 157 (Adj. Sess.), § 18.)