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SB 37 amendment would route local basic-levy collections through state treasury; board staff raise timing and flow questions
Summary
Senate Bill 37 would require county treasurers to remit basic-levy property-tax collections to the state treasurer, who would then remit equivalent state funds back to districts; board fiscal staff said the amendment increases state transparency but poses timing and process questions for counties and districts.
Board fiscal staff presented an overview of S.B. 37 and a morning amendment that would change how basic-levy property-tax revenues flow to schools: under the amendment, counties would remit those basic-levy collections to the state treasurer, who would then remit state funds back to districts reflecting those amounts.
Dale Frost, the board’s minimum school program administrator, explained the change in flow and noted the…
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