Bill > SF4344

This bill authorizes Independent School District No. 403, Ivanhoe, to transfer up to $68,000 from its early childhood family education reserve balance within the community service fund to its undesignated balance in the general fund on June 30, 2026, overriding certain existing state statutes that govern fund transfers and reserve balances. The community service fund is typically used for programs like early childhood education, while the general fund covers the district's core operating expenses. This provision allows the school district to move these funds to a more general account, likely to address financial needs, and becomes effective the day after it is officially passed into law.

Budget and Finance

https://www.revisor.mn.gov/bills/94/2026/0/SF/4344/