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SF 3316
Introduction - 86th Legislature (2009 - 2010)
Posted on 03/24/2010 07:37 a.m.
KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to education finance; permitting a onetime transfer of health and safety
funds for operating capital expenses.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin HEALTH AND SAFETY FUND TRANSFER;
KENYON-WANAMINGO.
new text end
new text begin
Notwithstanding Minnesota Statutes, sections 123B.57; 123B.80; and
475.61, subdivision 4, on June 30, 2010, Independent School District No. 2172,
Kenyon-Wanamingo, may permanently transfer up to $462,000 from its reserve for
alternative facilities program in the building construction fund to its reserved for operating
capital account without a corresponding levy adjustment in the debt service fund.
new text end