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Utah Senate approves change to how minimum-basic school tax is handled, drawing criticism from districts
Summary
Senators passed SB 65 to shift minimum-basic tax receipts into a state special revenue fund to be swept and returned with interest; sponsor says local control and usage are unchanged while some education groups and rural districts oppose the change.
The Utah Senate on Monday passed Senate Bill 65, which changes how the state's minimum basic tax receipts are handled and how they are reported in school-district financial statements.
Senator Fillmore, sponsor of SB 65, said the bill redirects the flow of funds so the state receives certain local-levy collections first and then returns them to districts with interest, which he said yields a net financial benefit for 40 of 41 districts.…
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