School district fund transfers authorized.

Summary

HF 5057 lets specific school districts move money from their building construction funds—or, for Ivanhoe, an early‑childhood education reserve—into the general fund for operating purposes. The transfers can be permanent, require school‑board approval, and do not trigger a reduction in any voter‑approved levy. This gives the districts flexibility to address budget needs while bypassing existing statutory limits.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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