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Treasurer warns House Bill 96 would reduce state school funding; board discusses drafting a resolution
Summary
The district treasurer told the Bedford Board on April 17 that House Bill 96 would lower the state's share of school funding and could cap allowable fund carryover at 30 percent, shifting more cost to local taxpayers; board members agreed to draft a resolution opposing the bill and urged constituent contact with legislators.
The Bedford City Schools treasurer told the board on April 17 that House Bill 96, as reported by staff, would reduce the state share of school funding and create new limits on districts' fund carryover, potentially increasing pressure on local property taxpayers.
“There's really no other way to put it. This is an awful piece of legislator,” the treasurer said while reviewing the district’s monthly financial report. The treasurer told the board revenue was running about $335,000 favorable…
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