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Bill > SF4038
MN SF4038
MN SF4038Fund transfer authorization for Independence School District No. 197, West St. Paul-Mendota Heights-Eagan
summary
Introduced
03/02/2026
03/02/2026
In Committee
03/02/2026
03/02/2026
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to education finance; authorizing a fund transfer for Independent School District No. 197, West St. Paul-Mendota Heights-Eagan.
AI Summary
This bill authorizes Independent School District No. 197, which serves West St. Paul, Mendota Heights, and Eagan, to move money from its building construction fund to its general fund's reserved account for operating capital on June 30, 2026. This transfer is allowed even though it would normally be restricted by state laws concerning school district finances (specifically Minnesota Statutes sections 123B.79, 123B.80, and 475.61, subdivision 4) and can be done without reducing the school district's property tax levy. The building construction fund is typically used for building projects, while the general fund's reserved account for operating capital is for ongoing operational expenses.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Senate Education Finance (08:30:00 4/8/2026 ) (on 04/08/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/94/2026/0/SF/4038/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/SF/4038/versions/0/pdf/ |
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