{"data":{"id":"us-ok/okla.-stat.-tit.-70-70-5-151","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 70, § 70-5-151","heading":"Purpose","body":"The purpose of the School District Budget Act is to provide an\n\nalternate budget procedure for school districts which will:\n\n1. Establish standard and sound fiscal procedures for the\n\nadoption and administration of budgets;\n\n2. Make available to the public and investors sufficient\n\ninformation as to the financial conditions, requirements and\n\nexpectations of the school district; and\n\n3. Assist school districts to improve and implement generally\n\naccepted standards of financial management as promulgated by the\n\nGovernmental Accounting Standards Board (GASB).","path":["OK Code","Title 70"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os70.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"1f934f62c876a39b31d5ab11ca50f1956593f5a4a19cecfbce887b3b6586fbff","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-70-70-5-150","next":"us-ok/okla.-stat.-tit.-70-70-5-152"},"notice":"GroundRules: Original legal text. Not legal advice."}