Bill No.: SF0048                  Drafter:  DRN

LSO No.:  07LSO-0232              Effective Date:  2/15/2007

Enrolled Act No.:  SEA0016

Chapter No.:       45

Prime Sponsor:     Joint Education Interim Committee

Catch Title:       Community colleges-carryover restrictions.

Subject:  Community college district budget authority.

Summary/Major Elements:

· Increases from three percent (3%) to eight percent (8%) the percentage of unrestricted operating funds which may be carried forward by a community college district from one biennial period to another.