School districts-cash reserves.

09LSO-0571.L2

 

 

                                                         

FISCAL NOTE

 

The fiscal impact is indeterminable.

 

 

 

The proposed bill restricts expenditures from excluded reserve balances existing as of June 30, 1997, to emergency expenditures for buildings and facilities not otherwise covered by School Facilities major maintenance payments, and to early retirement benefit plans. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prepared by:   Dean Temte, LSO    Phone: 777-7881