Key Votes
HF 2030 - School District Budget Requirements - Key Vote
Iowa Key Votes
Stages
- Jan. 20, 2010 Executive Signed
- Jan. 19, 2010 Senate Bill Passed
- Jan. 15, 2010 House Bill Passed
- Jan. 12, 2010 Introduced
Family
Issues
Stage Details
Legislation - Signed (Executive) - Jan. 20, 2010
Title: School District Budget Requirements
Signed by Governor Chet Culver
Legislation - Bill Passed (Senate) (32-16) - Jan. 19, 2010 (Key vote)
Title: School District Budget Requirements
Vote Smart's Synopsis:
Vote to pass a bill that requires a school district to use any amount of its unexpended fund balance that exceeds "the amount necessary for operations," as determined by the School Budget Review Committee, instead of levying property taxes.
Highlights:
-Requires the Department of Management to do the following (Sec. 7):
- -Until June 30, 2012, to limit school district cash reserves to a level that is not excessive as determined by the School Budget Review Committee; and
-For fiscal years beginning on or after July 1, 2012, to limit school district cash reserves to a level that does not exceed 20 percent of the general fund expenditures for the year previous to the base year minus the unexpended fund balance for the year previous to the base year and is not excessive as determined by the School Budget Review Committee.
Legislation - Bill Passed (House) (85-8) - Jan. 15, 2010
Legislation - Introduced (House) - Jan. 12, 2010
Title: School District Budget Requirements
Committee Sponsors
- Education (Sponsor)
