3306.35 FACT form.
3306.35 FACT form.
The department of education shall develop a form, which shall be known as the “Formula ACcountability and Transparency” form or “FACT” form. The department annually shall issue and publish on its web site a FACT form for each city, local, and exempted village school district. The form shall compare the payments to the district under each component prescribed by this chapter with the district’s deployment of those payments as indicated in its spending plan submitted under section 3306.30 and, if applicable, 3306.31 of the Revised Code. The form shall not be the basis of any actions under section 3306.33 of the Revised Code but shall be a public document to inform parents, students, and taxpayers about the district’s spending.
Added by 128th General Assembly File No. 9, HB 1, § 101.01, eff. 7/17/2009.