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MN SF3064

Bill

Status

Introduced

3/8/2010

Primary Sponsor

LeRoy Stumpf

Click for details

Origin

Senate

86th Legislature 2009-2010

AI Summary

  • Independent School District No. 11, Anoka-Hennepin, may permanently transfer up to $400,000 from its debt redemption fund to its undesignated general fund balance on June 30, 2010, without requiring a levy reduction.

  • Independent School District No. 728, Elk River, may permanently transfer up to $500,000 from its debt redemption fund to its undesignated general fund balance on June 30, 2010, without requiring a levy reduction.

  • Independent School District No. 203, Hayfield, may permanently transfer up to $75,000 from its reserved for operating capital account to its undesignated general fund balance on June 30, 2010, without requiring a levy reduction.

  • Independent School District No. 2172, Kenyon-Wanamingo, may permanently transfer up to $55,000 from its debt redemption fund to its undesignated general fund balance on June 30, 2010, without requiring a levy reduction.

  • Independent School District No. 837, Madelia, may permanently transfer up to $350,000 from its debt redemption fund to its reserved for operating capital account on June 30, 2010, without requiring a levy reduction.

  • Independent School District No. 535, Rochester, may permanently transfer up to $400,000 from its debt redemption fund to its undesignated general fund balance on June 30, 2010, without requiring a levy reduction.

  • Independent School District No. 283, St. Louis Park, may permanently transfer up to $225,000 from its reserved for operating capital account to its undesignated general fund balance on June 30, 2010 for costs directly associated with closing Cedar Manor Elementary School, including moving and storage costs, without requiring a levy reduction.

Legislative Description

Independent school districts fund transfers authorization

Last Action

Senate: Comm report: To pass as amended and re-refer to Taxes

5/4/2010

Committee Referrals

Taxes5/4/2010
Finance3/8/2010

Full Bill Text

No bill text available