HB251:

School boards and local governing bodies; unexpended local funds, etc.

Bill Summary:

School boards and local governing bodies; unexpended
local funds; school maintenance, renovation, and construction.
Encourages each school board to enter into a collaborative agreement
with the local governing body to set aside in a separate fund any
sums appropriated to the school board by the local governing body
that are unexpended by the school board in any year in order to use
such sums to finance school maintenance, renovation, or construction
in the local school division. The bill declares any school board
that fails to enter into such a collaborative agreement ineligible
to participate in any state grant, loan, or bond program that supports
school maintenance, renovation, or construction. This bill is a recommendation
of the Commission on School Construction and Modernization.