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HF2239 (Legislative Session 94 (2025-2026))

Education; certain fund transfers for fiscal years 2025, 2026, and 2027 authorized.

Related bill: SF1489

AI Generated Summary

This bill, introduced in the Minnesota House of Representatives by Representative Bakeberg, pertains to education funding flexibility for fiscal years 2025, 2026, and 2027.

Key provisions include:

  1. Fund Transfers: School districts, charter schools, and cooperative units are permitted to transfer funds between operating accounts or funds, provided that the funds are not already assigned to staff salaries, benefits, or restricted by federal law.

  2. Restrictions: These transfers must not increase state aid obligations or result in increased property tax authority for the school district.

  3. School Board Approval: Any transfer must be approved through a written resolution by the school board, specifying the purpose and amount transferred.

  4. Transparency Requirements: The resolution for each approved transfer must be posted on the school board’s website, and an electronic notice must be sent to the state commissioner in a timely manner.

This bill aims to provide financial flexibility to schools while maintaining transparency and accountability in fund transfers.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 11, 2025HouseFloorActionIntroduction and first reading, referred toEducation Policy
March 11, 2025HouseFloorActionIntroduction and first reading, referred toEducation Policy
March 19, 2025HouseFloorActionAuthor added
April 06, 2025HouseFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [
        "Emergency provisions to allow fund transfers not typically allowed."
      ],
      "removed": [
        ""
      ],
      "summary": "This legislation authorizes fund transfers that override provisions in section 123B.80, subdivision 3, for specific fiscal years.",
      "modified": [
        "Overrides the restriction on fund transfers to provide flexibility for school districts in financial planning for fiscal years 2025 to 2027."
      ]
    },
    "citation": "123B.80",
    "subdivision": "subdivision 3"
  }
]

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