HB2116 Summary

• Allows elementary school districts in counties with fewer than 21,000 residents to spend property tax monies collected by the county despite having initially budgeted based on an understated small school adjustment.

• Applies only to districts with total average daily membership between 10 and 30 students that adopted an initial budget with an incorrect small school adjustment calculation.

• Permits spending of correctly-levied tax monies after the county board of supervisors collects taxes based on the correct small school adjustment amount.

• Requires the school district governing board to have adopted a corrected budget reflecting the accurate small school adjustment calculation.

• Repeals December 31, 2019; designated as an emergency measure effective immediately upon enactment.