Authorizes specific Minnesota school districts to transfer funds from construction or early childhood education reserves to their general funds.
This bill allows certain Minnesota school districts to transfer funds from their construction or early childhood education reserves to their general funds. Bloomington, Brainerd, West St. Paul-Mendota Heights-Eagan, Ivanhoe, and Maple Lake Public Schools can make these transfers, which must be approved by their respective school boards. The transfers are permanent and do not require a reduction in tax levies.
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