LD1518

An Act to Clarify the Amount and Use of Unallocated Balances in a School Administrative Unit Budget

Failed·5/21/25
Tpdf Text

Clarifies the use of unallocated balances in school administrative unit budgets for educational programs.

This bill amends the laws governing unexpended balances and unallocated general operating fund balances of school administrative units. It changes the requirement that unexpended balances be carried forward and credited to the unit for educational programs in the ensuing year, to instead require that the unexpended balance be spent by the unit in the ensuing year.

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Sponsors

DDDI
4
1
R
Democratic CaucusRepublican Caucus

Calendar

May 16, 2025

10:00 AM

Hearing

Apr 29, 2025

1:00 PM

Hearing

History

May 21, 2025

Senate

Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

May 20, 2025

Joint

Reported Out: ONTP

May 16, 2025

Joint

Work Session Held