AN ACT TO ESTABLISH A MORATORIUM ON FILING OF ACTIONS BY CERTAIN LOCAL BOARDS OF EDUCATION CHALLENGING THE SUFFICIENCY OF LOCAL FUNDS APPROPRIATED TO THE PUBLIC SCHOOLS BY THE COUNTY BOARD OF COMMISSIONERS.
The Senate committee substitute to the 3rd edition deletes the content of the previous edition and replaces it with AN ACT TO ESTABLISH A MORATORIUM ON FILING OF ACTIONS BY THE UNION COUNTY BOARD OF EDUCATION CHALLENGING THE SUFFICIENCY OF LOCAL FUNDS APPROPRIATED TO THE PUBLIC SCHOOLS BY THE UNION COUNTY BOARD COMMISSIONERS.
Prohibits the Union County Board of Education from filing any legal action challenging the sufficiency of the funds appropriated by the Union County Board of Commissioners (Board) to the local current expense fund, the capital outlay fund, or both. This is effective when the act becomes law and expires upon adoption of the budget ordinance by the Board for the 2016-17 fiscal year.
Amends GS 115C-429(b), to require the Board to appropriate the following specified amounts: (1) for 2014-15, at least $87,097,884 for the local current expense fund and at least $19,531,582 for capital outlay and (2) for 2015-16, at least an amount equal to the current expense fund appropriation for 2014-15 plus an inflationary increase and any increase in the average daily membership in the local school administrative unit in the first 20 days of the school year from the prior school year and at least $19,786,024 for capital outlay.
Requires the Board and the Union County Schools, on or before August 1, 2014, to establish a working group to develop a multi-year plan to address existing and ongoing capital needs of the schools. Work must be completed and reported to the Board and Union County Schools on or before June 30, 2015.
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