LAC 28:XLI.1301. Minimum Requirements for Lead School Business Administrator/Chief Financial Officer/Business Manager (Local School Districts and Charter Schools)

A. Minimum qualifications, must meet one of the following: 1. a baccalaureate degree with a minimum of 24 hours of undergraduate business courses that qualify as core courses in college major programs, including accounting, finance, business administration, or business management; 2. a certified public accountant licensed in Louisiana; 3. a master's degree in public or business administration. B. Work Experience. An applicant for a lead school business official shall have not less than three years of work experience in a field relevant to the duties and responsibilities of a lead school business administrator. Relevant areas shall include accounting, finance, or other areas of fiscal management. C. Continuing Education. All lead school business administrators must acquire a certification. 1. City or parish school district business administrators must acquire a Certified Louisiana School Business Administrator (CLSBA) certification by the Louisiana Association of School Business Officials (LASBO) within four years of the date of hire as an administrator/chief financial officer/business manager. a. All city or parish school district business administrators must maintain certification while employed as a lead school business administrator/chief financial officer/business manager. b. A valid Louisiana CPA license may be substituted for the CLSBA certification, and the status must remain active while employed as a lead school business administrator/chief financial officer/business manager. 2. Within four years of the date of hire as an administrator/chief financial officer/business manager, all lead charter school administrators must acquire either a CLCSBA certification by the LASBO or a CLCSBA certification issued by LAPCS under a plan approved by LDOE. a. All charter school business administrators must maintain certification while employed as a lead school business administrator/chief financial officer/business manager. b. A valid Louisiana CPA license may be substituted for the certification required in Paragraph 2 of this Section, and the status must remain active while employed as a lead school business administrator/chief financial officer/business manager. D. Shared Services Provision. Statute allows city, parish, or other local public school boards to enter into an agreement to share business services, including the employment of a single business manager or chief financial officer. The shared business manager or chief financial officer must meet the minimum qualifications established by the State Board of Elementary and Secondary Education.