1. Each empowerment school, other than a charter school that is sponsored by the State Public Charter School Authority, by a college or university within the Nevada System of Higher Education or by a city or county, shall, on a quarterly basis, submit to the board of trustees of the school district in which the school is located a report that includes: (a) The financial status of the school; and (b) A description of the school’s compliance with each component of the empowerment plan for the school. 2. Each charter school that is sponsored by the State Public Charter School Authority, by a college or university within the Nevada System of Higher Education or by a city or county which is approved to operate as an empowerment school shall, on a quarterly basis, submit to the Department a report that includes: (a) The financial status of the school; and (b) A description of the school’s compliance with each component of the empowerment plan for the school. 3. The board of trustees of a school district shall conduct a financial audit of each empowerment school within the school district, other than a charter school that is sponsored by the State Public Charter School Authority, by a school district shall conduct a financial audit of each empowerment school within the school district, other than a charter school that is sponsored by the State Public Charter School Authority, by a college or university within the Nevada System of Higher Education or by a city or county. Each financial audit must be conducted on an annual basis and more frequently if determined necessary by the board of trustees. 4. The Department shall conduct a financial audit of each charter school that is sponsored by the State Public Charter School Authority, by a college or university within the Nevada System of Higher Education or by a city or county which operates as an empowerment school on an annual basis and more frequently if determined necessary by the Department. 5. On or before July 1 of each year, the board of trustees of each school district shall compile the reports and audits required pursuant to subsections 1 and 3, if any, and forward the compilation to the: (a) Governor; (b) Department; and (c) Joint Interim Standing Committee on Education. 6. On or before July 1 of each year, the Department shall compile the reports and audits required pursuant to subsections 2 and 4, if epartment; and (c) Joint Interim Standing Committee on Education. 6. On or before July 1 of each year, the Department shall compile the reports and audits required pursuant to subsections 2 and 4, if any, and forward the compilation to the: (a) Governor; and (b) Joint Interim Standing Committee on Education. (Added to NRS by 2007, 3284; A 2011, 879; 2023, 2190)
Nevada Legal Code