Bill Text: MN SF272 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Independent school district #879, Delano; building construction fund transfer authorization
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2011-02-09 - Referred to Education [SF272 Detail]
Download: Minnesota-2011-SF272-Introduced.html
1.2relating to education finance; permitting a onetime fund transfer for Independent
1.3School District No. 879, Delano.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. FUND TRANSFER; DELANO.
1.6Notwithstanding Minnesota Statutes, sections 123B.57; 123B.80, and 475.61,
1.7subdivision 4, on June 30, 2011, Independent School District No. 879, Delano, may
1.8permanently transfer up to $235,000 from its building construction fund to its reserved for
1.9operating capital account without a corresponding levy adjustment in the debt service fund.
1.10EFFECTIVE DATE.This section is effective the day following final enactment.
1.3School District No. 879, Delano.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. FUND TRANSFER; DELANO.
1.6Notwithstanding Minnesota Statutes, sections 123B.57; 123B.80, and 475.61,
1.7subdivision 4, on June 30, 2011, Independent School District No. 879, Delano, may
1.8permanently transfer up to $235,000 from its building construction fund to its reserved for
1.9operating capital account without a corresponding levy adjustment in the debt service fund.
1.10EFFECTIVE DATE.This section is effective the day following final enactment.
