OLR Bill Analysis

SB 1012

AN ACT CONCERNING THE REPORTING OF FEDERAL FUNDS IN LOCAL SCHOOL BUDGETS.

SUMMARY:

By law, local boards of education must prepare an itemized estimate of the cost of maintenance of public schools for the next school year and submit it to the authority making appropriations for the school district. This bill requires the boards to include in this estimate the estimated amount of federal funds they expect to receive and allocations equal to the amount of the estimated federal funds.

The bill also requires the boards to include in their annual reports a summary showing a specific accounting of how federal funds were spent. Under current law, reports must already include the total school maintenance cost, the amount received from the state and other sources for school maintenance, and the net cost to the municipality of such maintenance.

EFFECTIVE DATE: July 1, 2009

COMMITTEE ACTION

Education Committee

Joint Favorable