A management company that provides services to a community school that amounts to more than twenty per cent of the annual gross revenues of the school shall provide a detailed accounting including the nature and costs of the services it provides to the community school. This information shall be included in the footnotes of the financial statements of the school and be subject to audit during the course of the regular financial audit of the community school.
Effective Date: 04-08-2003
Note: This section is set out twice. See also § 3314.024 , as amended by 131st General Assembly File No. TBD, HB 2, §1, eff. 2/1/2016.
Section: Previous 3314.02 3314.02-2 3314.021 3314.021-2 3314.022 3314.023 3314.023-2 3314.024 3314.024-2 3314.025 3314.026 3314.027 3314.027-2 3314.028 3314.029 NextLast modified: October 10, 2016