- Introduced -

SB 754 - This act pertains to placement of school funds.

Current law requires that schools place revenues received from the County School Fund pursuant to Section 166.300, RSMo, to the credit of the operating funds (either in the Teachers' or Incidental Fund). Revenues so placed are then counted the following year as a 100% deduction from state aid pursuant to Section 163.031, RSMo.

This act provides that revenues from the County School Fund, including fines and receipts from the sale of stray animals, may be placed to the credit of any school fund, at the discretion of the school board, including the Capital Projects Fund or Debt Service Fund.

OTTO FAJEN