ACT 370 OF 2023 REGULAR SESSION SCHOOL TRANSPARENCY PROJECT PORTAL PUBLIC INFORMATION

ACT 370, authored by State Senator Rick Edmonds, enacted during the 2023 Regular Legislative Session will increase financial transparency in Louisiana K-12 public and charter school systems. The law requires school governing authorities to provide specific financial information to the Louisiana Department of Treasury which will be housed on School Transparency Project Portal, located on the Louisiana Department of Treasury website. The site will allow citizens to compare school budgets in traditional public schools and public charter schools. A link to the legislation can be found here.

What information is required to be reported to the Louisiana Department of Treasury?

Act 370 requires school systems to report financial information to the Louisiana Department of Treasury including detailed expenditure data about: purchase of goods and services for instruction, instructional support, legal services, audit services, general administration costs, construction, maintenance, transportation, information technology, professional services, technical services, land acquisition, supplies, and other costs.
School Systems are also required to report information to the Louisiana Department of Treasury on all contracts, including the identity of the vendor and purpose associated with each contract. Contract reporting will include award, award notices, fixed-price contracts, cost, cost-plus-a fixed-fee, or incentive type; contracts providing for the issuance of job or task orders; memoranda of understanding; cooperative endeavor agreements; and personal, professional, consulting, and social service contracts.

When will the School Transparency Project Portal be available to the public?

March 31st, 2025

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