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Committee delays effective date, backs HB1610 allowing districts to retain year-end unassigned funds
Summary
The committee adopted an amendment delaying HB1610's effective date so the change to allow districts to retain year-end unassigned general funds applies starting with fiscal years ending June 30, 2027; the bill passed the committee 4-2 amid concerns about timing for some towns.
The Senate committee adopted an amendment to House Bill 1610 that delays the effective date of a provision allowing school districts to retain year-end unassigned general funds so the change would apply beginning with fiscal years ending June 30, 2027.
Sponsors said the amendment (1614s) was written in response to concerns raised at hearings about timing and municipal budget cycles; making the change effective…
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