An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, in preliminary provisions, providing for financial transparency data and reporting system.

HB 1448 amends the Public School Code to establish a financial transparency data and reporting system, to be developed by the Department of Education. This system will collect and analyze at least ten years of basic education funding, revenue, and expenditure data, broken down by individual school entities. It will provide data visualization dashboards for state agencies and the General Assembly to simulate funding formula changes, and offer public-facing dashboards with aggregate financial information. The bill aims to provide greater transparency and analytical tools for understanding public school funding for the general public, state agencies, and various school entities.