as introduced - 90th Legislature (2017 - 2018) Posted on 05/18/2018 06:00pm
A bill for an act
relating to education finance; authorizing a fund transfer for the Minneapolis school
district.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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(a) Notwithstanding Minnesota Statutes, section 123B.79, 123B.80, or 124D.20,
subdivision 10, on June 30, 2018, Special School District No. 1, Minneapolis, may
permanently transfer up to $2,000,000 from its community education reserve fund balance
to its undesignated general fund.
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(b) The transferred funds must be used only for school support services, including mental
health services.
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(c) To the extent practicable, when making the fund transfer under this section, the
Minneapolis school district must abide by its board's fund balance policy, unless the funds
are transferred for an eligible use under Minnesota Statutes, section 124D.18.
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This section is effective the day following final enactment.
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