HF 3023

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to education finance; authorizing fund transfers for Independent School
District No. 424, Lester Prairie.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin FUND TRANSFERS; LESTER PRAIRIE.
new text end

new text begin Notwithstanding Minnesota Statutes, sections 123B.79 or 123B.80, on June 30,
2006, Independent School District No. 424, Lester Prairie, may permanently transfer up
to $150,000 from its reserved for operating capital account and up to $107,000 from its
reserved for severance account, to its undesignated balance in the general fund.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end