MI SB0832

Changes fiscal year appropriation from 2022 to 2023, reducing state school aid fund from $14,797,232,100.00 to $100.00, general fund from $85,400,000.00 to $100.00, and community district education trust fund from $72,000,000.00 to $100.00

Removes appropriation from the water emergency reserve fund for fiscal year 2023

Updates payment schedule language in Section 17b to replace "shall" with "must" throughout the statute for consistency with modern drafting standards

Maintains 11 equal installment payments (1/11 each) distributed on the 20th of each month from October through August, with July and August payments accrued to the preceding fiscal year

Preserves authority for the superintendent to authorize early release of funds up to 30 days before scheduled payment date upon written request and proof of temporary, nonrecurring need