R277-704-1. Authority, Purpose, and Oversight Category

(1) This rule is authorized by: (a) Utah Constitution Article X, Section 3 which vests general control and supervision over public education in the Board; (b) Subsection 53E-3-401(4), which allows the Board to make rules to execute the Board's duties and responsibilities under the Utah Constitution and state; (c) Section 53E-3-505, which directs the Board to work with financial and economic experts and private and non-profit entities to develop and integrate financial and economic literacy and skills into the public school curriculum at all appropriate levels. (2) The purpose of this rule is: (a) to integrate financial and economic literacy concepts effectively into the core curriculum in various programs and at various grade levels; (b) to provide for educator professional development using business, education, and community expertise; (c) to provide curriculum resources and assessments for financial and economic literacy; (d) to provide simple and consistent messaging to students that becomes part of the core curriculum that reinforces the importance of financial and economic literacy for students and parents; and (e) to help students and parents to locate and use school and community resources to improve financial and economic literacy among students and families. (3) This rule is categorized as Category 4 as described in Rule R277-111.