Authorizes South Country central school district to issue bonds to liquidate deficits and requires quarterly budget reports.

This bill authorizes the South Country central school district in Suffolk County to issue serial bonds to liquidate deficits in its general fund. It mandates the district to prepare quarterly budget reports and trial balances. The bill also provides for advance aid to the district. Additionally, it extends the provisions of law requiring the state inspector general to appoint an independent monitor for the Orange county industrial development agency for one year.

Authorizes South Country central school district to issue bonds to liquidate deficits and requires quarterly budget reports.

This bill authorizes the South Country central school district in Suffolk County to issue serial bonds to liquidate deficits in its general fund. It mandates the district to prepare quarterly budget reports and trial balances. The bill also provides for advance aid to the district. Additionally, it extends the provisions of law requiring the state inspector general to appoint an independent monitor for the Orange county industrial development agency for one year.