MI HB4248

Removes fiscal year 2018 appropriations language and updates the bill to appropriate funds for fiscal year ending September 30, 2020, instead of fiscal year 2019.

Leaves specific appropriation amounts blank with underscores for the state school aid fund, general fund, and community district education trust fund, allowing amounts to be filled in later.

Removes references to MPSERS retirement obligation reform reserve fund, school mental health and support services fund, and water emergency reserve fund appropriations from the fiscal year 2020 budget.

Maintains requirement that general fund money be expended before state school aid fund money, with unexpended general fund allocations transferred to the school aid stabilization fund.

Preserves the existing payment schedule for school districts and intermediate districts, with distributions made on specified dates throughout the fiscal year in approximately equal 1/11 installments.