HB 725 -- TRANSFERS OF FUNDS IN CERTAIN SCHOOL DISTRICTS (Britt)

This bill permits a school district that has experienced a 20%
increase in one year in assessed valuation attributable to
construction of a power plant to make a one-time transfer of
incidental fund moneys to the Capital Projects Fund of twice the
amount normally permitted by statute by the end of the second
fiscal year after the increase became effective.  Campbell
School District is the only district known to meet these
qualifications.

FISCAL NOTE:  No impact on state funds.

Missouri House of Representatives
Last Updated November 26, 2001 at 11:45 am