Kentucky SB3 amends school district finance laws, including tax rates, budget processes, and financial reporting requirements.
Kentucky SB3 amends several sections of the Kentucky Revised Statutes related to school district finances. It sets a minimum tax rate for school purposes and requires districts to establish budgets with the assistance of the district superintendent and finance officer. The bill mandates public meetings for budget reviews and adoptions, and requires the superintendent to publish financial reports on the district's website.
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- Impact
- Legal Framework
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