1.1 	A bill for an act
1.2 	relating to education finance; authorizing fund transfers for Independent School 
1.3 	District No. 424, Lester Prairie. 
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. FUND TRANSFERS; LESTER PRAIRIE.
 1.6 	Notwithstanding Minnesota Statutes, sections 123B.79 or 123B.80, on June 30, 
1.7 	2006, Independent School District No. 424, Lester Prairie, may permanently transfer up 
1.8 	to $150,000 from its reserved for operating capital account and up to $107,000 from its 
1.9 	reserved for severance account, to its undesignated balance in the general fund.

1.10 	EFFECTIVE DATE. This section is effective the day following final enactment.