ENROLLED 2011 Legislature CS for CS for SB 1292, 1st Engrossed 20111292er 1 2 An act relating to the Chief Financial Officer; 3 creating s. 215.89, F.S.; providing legislative 4 intent; providing definitions; requiring the Chief 5 Financial Officer to conduct workshops with state 6 agencies, local governments, educational entities, and 7 entities of higher education to gather information 8 pertaining to uniform reporting requirements; 9 requiring the Chief Financial Officer to accept 10 comments from state agencies, local governments, 11 educational entities, entities of higher education, 12 and interested parties regarding proposed charts of 13 account by a certain date; requiring the Chief 14 Financial Officer to submit to the Governor, the 15 President of the Senate, and the Speaker of the House 16 of Representatives a report recommending a uniform 17 charts of account which meet certain requirements by a 18 certain date; requiring the report to include the 19 estimated cost of adopting and implementing a uniform 20 enterprise-wide charts of account; providing a 21 declaration of important state interest; providing an 22 effective date. 23 24 Be It Enacted by the Legislature of the State of Florida: 25 26 Section 1. Section 215.89, Florida Statutes, is created to 27 read: 28 215.89 Charts of account.— 29 (1) LEGISLATIVE INTENT.—It is the intent of the Legislature 30 that a mechanism be provided for obtaining detailed, uniform 31 reporting of government financial information to enable citizens 32 to view compatible information on the use of public funds by 33 governmental entities. The Legislature intends that uniform 34 reporting requirements be developed specifically to promote 35 accountability and transparency in the use of public funds. In 36 order to accommodate the different financial management systems 37 currently in use, separate charts of account may be used as long 38 as the financial information is captured and reported 39 consistently and is compatible with any reporting entity. 40 (2) DEFINITIONS.—As used in this section, the term: 41 (a) “Charts of account” means a compilation of uniform data 42 codes that are to be used for reporting governmental assets, 43 liabilities, equities, revenues, and expenditures to the Chief 44 Financial Officer. Uniform data codes shall capture specific 45 details of the assets, liabilities, equities, revenues, and 46 expenditures that are of interest to the public. 47 (b) “State agency” means an official, officer, commission, 48 board, authority, council, committee, or department of the 49 executive branch; a state attorney, public defender, criminal 50 conflict and civil regional counsel, or capital collateral 51 regional counsel; the Florida Clerks of Court Operations 52 Corporation; the Justice Administrative Commission; the Florida 53 Housing Finance Corporation; the Florida Public Service 54 Commission; the State Board of Administration; the Supreme Court 55 or a district court of appeal, circuit court, or county court; 56 or the Judicial Qualifications Commission. 57 (c) “Local government” means a municipality, county, water 58 management district, special district, or any other entity 59 created by a local government. 60 (d) “Educational entity” means a school district or an 61 entity created by a school district. 62 (e) “Entity of higher education” means a state university, 63 a state or Florida College System institution, or an entity 64 created by a state university or state or Florida College System 65 institution. 66 (f) “State and local government financial information” 67 means the assets, liabilities, equities, revenues, and 68 expenditure information that is recorded in financial management 69 systems of state agencies, local governments, educational 70 entities, and entities of higher education. 71 (3) REPORTING STRUCTURE.— 72 (a) Beginning October 1, 2011, the Chief Financial Officer 73 shall conduct workshops with state agencies, local governments, 74 educational entities, and entities of higher education to gather 75 information pertaining to uniform statewide reporting 76 requirements to be used to develop charts of account by the 77 Chief Financial Officer. A draft proposed charts of account 78 shall be provided by July 1, 2013, to the state agencies, local 79 governments, educational entities, and entities of higher 80 education. 81 (b) The Chief Financial Officer shall accept comments from 82 state agencies, local governments, educational entities, 83 entities of higher education, and other interested parties 84 regarding the proposed charts of account until November 1, 2013. 85 (c) By January 15, 2014, the Chief Financial Officer, after 86 consultation with affected state agencies, local governments, 87 educational entities, entities of higher education, and the 88 Auditor General, shall submit to the Governor, the President of 89 the Senate, and the Speaker of the House of Representatives a 90 report recommending a uniform charts of account which requires 91 specific enterprise-wide information related to revenues and 92 expenditures of state agencies, local governments, educational 93 entities, and entities of higher education. The report must 94 include the estimated cost of adopting and implementing a 95 uniform enterprise-wide charts of account. 96 Section 2. The Legislature finds that this act fulfills an 97 important state interest. 98 Section 3. This act shall take effect July 1, 2011.