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MN SF1930
Bill
Status
2/20/2012
Primary Sponsor
Amy Koch
Click for details
AI Summary
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Independent School District No. 879 (Delano) may permanently transfer up to $235,000 from its debt redemption fund to its reserved for operating capital account on June 30, 2012, without making a levy reduction.
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Independent School District No. 882 (Monticello) may permanently transfer up to $500,000 from its debt redemption fund to its reserved for operating capital account on June 30, 2012, without making a levy reduction.
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Independent School District No. 883 (Rockford) may permanently transfer up to $550,000 from its debt redemption fund to its reserved for capital account on June 30, 2012, without making a levy reduction.
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The transfers override restrictions in Minnesota Statutes sections 123B.57, 123B.79, 123B.80, and 475.61, subdivision 4.
Legislative Description
Independent school districts #879, Delano; #882 Monticello; #883 Rockford onetime fund transfer authorization
Last Action
Referred to Education
2/20/2012