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AL HB569
Bill
Status
5/4/2011
Primary Sponsor
Jeremy Oden
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AI Summary
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Allocates Tennessee Valley Authority in-lieu-of-taxes payments to Morgan County's three school systems (Hartselle, Decatur, and Morgan County) for fiscal years 2012 and 2013 to address budget shortfalls.
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Distributes first $125,000 specifically for robotics programs: Decatur receives $55,000, Morgan County receives $50,000, and Hartselle receives $20,000.
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Allocates remaining proceeds as follows: 50% for teachers and personnel expenses (excluding administrative costs), 30% for technology in schools, and 20% for instructional and teaching materials.
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Bases distribution of the 50%, 30%, and 20% allocations on each school system's previous year average daily student enrollment.
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Allows school systems without one month's expenditures in reserve to use funds without regard to allocation percentages until reserves are established.
Legislative Description
Morgan Co., Tennessee Valley Authority, payments in-lieu-of-taxes received pursuant to Act 2010-135, distrib. to Hartselle, Decatur, and Morgan County Boards of Education for the fiscal years 2012 and 2013
Morgan County
Last Action
Read for the first time and referred to the Senate committee on Local Legislation No. 1
5/5/2011