Bill > HB369

This bill modifies Missouri state law regarding fiscal year management for consolidated public library districts by allowing the board of trustees to establish their own fiscal year dates, instead of being strictly limited to the traditional July first to June thirtieth period. Specifically, the bill amends section 182.645 to give library district boards more flexibility in setting their fiscal year, while maintaining existing requirements about budget preparation and approval. The bill requires that the librarian still submit an annual budget to the board of trustees, who must approve the budget before the last day of the preceding fiscal year. The legislation also preserves other existing financial management provisions, such as requirements for treasurer responsibilities, fund management, and financial reporting. This change provides local library district boards with increased administrative autonomy in managing their financial calendars, potentially allowing them to better align fiscal planning with local needs and operational considerations.

Government Affairs

https://house.mo.gov/Bill.aspx?bill=HB369&year=2025&code=R