Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate temporarily allows limited use of capital-outlay levy funds to help districts avoid layoffs
Summary
Second Substitute House Bill 295 lets school boards use unencumbered capital‑outlay levy proceeds for general‑fund purposes for 2010 and 2011 only, with reporting requirements and prohibitions on using funds already pledged to debt service; the Senate approved the measure after debate about equalization protections and accountability.
The Senate debated and approved Second Substitute House Bill 295 on March 2, a temporary measure permitting school districts to use certain capital-outlay levy proceeds for general‑fund operating purposes for the years 2010 and 2011. Sponsors said the bill targets districts with unencumbered capital-outlay funds and includes safeguards: proceeds already obligated to debt service may not be transferred, equalization protections…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
