School finance-local tax payments.

06LSO-0281.L1

                                                         

FISCAL NOTE

 

 

 

 

 

 

 

 

 

 

The fiscal impact to the school foundation program due to settlements of protested levies is indeterminable.

 

 

This provision requires separate accounting of and delays for two years following receipt, the counting of revenues from protested 25 mill and 6 mill tax levies for purposes of computing cash reserves and operating balances counted as local resource. This also may require additional record-keeping at the state, county and school district level, however the administrative impact is also unknown.

 

 

 

 

 

 

 

 

 

 

 

Prepared by:   Brenda Long, LSO   Phone:   777-7881