- (a) School districts determined in their best financial management practices review to be using the best practices and that are awarded a grade of “A” shall receive a “Seal of Best Financial Management”.
- (b) The designation shall be effective until a district’s financial accountability grade decreases.
- (c) The State Board of Education shall revoke the designation of a district at any time if it is determined that the district is no longer complying with the adopted best financial management practices.