July, 2005

Recent Legislation (2005-06)

The Legislature actually did some good this past spring. Many of these new additions or changes are very beneficial to your office. Here is a couple of bills and what they mean: Senate Bill No. 531 This was basically an amendment to our current state aid formula law. The area it addressed was in the area of allowable fund balance (or carryover, if you prefer). The bill increased the percentage...

Read More