Plain English Breakdown
The official source does not provide information about the impact on overall funding or distribution among schools after removing the June transfer.
School Finance Changes
This law changes how money is given to school districts from the county school fund by removing an extra yearly transfer on June 20 or the last business day before it.
What This Bill Does
- Removes a requirement for an additional annual distribution of funds from the county school fund on June 20 or the last business day immediately preceding June 20 each year.
Who It Names or Affects
- School districts in Wyoming
- County treasurers responsible for transferring funds
Terms To Know
- county school fund
- A fund that holds money to be distributed among the county's school districts.
- apportionment
- The process of dividing up a total amount of money into parts for different groups, in this case, school districts.
Limits and Unknowns
- Does not specify how the removed June transfer will affect overall funding or distribution among schools.
- Does not address any other aspects of school finance beyond changing the timing of fund transfers.