Significant changes have occurred in this section of law with the expansion of choice involving charter schools and the Charter School Institute and related reporting requirements.  Additionally, FY2003-2004 legislation drove multiple changes in budget law due to financial deficiencies in two school districts.  These rule revisions incorporate all of the statutory changes and bring the rules into compliance with current accounting practices.  Also of importance is that Articles 44 and 45 of Title 22 are cited within the Accreditation Indicators pursuant to 22-11-104(2)(k), C.R.S. again, elevating the importance of bringing these rules into alignment with statute.