Bill Text: IA SF314 | 2017-2018 | 87th General Assembly | Introduced
Bill Title: A bill for an act establishing a limitation on the amount of administrative costs for school districts.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2017-02-27 - Subcommittee: Sinclair, Behn, and Bowman. S.J. 412. [SF314 Detail]
Download: Iowa-2017-SF314-Introduced.html
Senate File 314 - Introduced SENATE FILE BY ZAUN A BILL FOR 1 An Act establishing a limitation on the amount of 2 administrative costs for school districts. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 2590XS (2) 87 md/sc PAG LIN 1 1 Section 1. Section 257.7, Code 2017, is amended by adding 1 2 the following new subsection: 1 3 NEW SUBSECTION. 3. Administrative costs. For budget years 1 4 beginning on or after July 1, 2018, the portion of the total 1 5 authorized expenditures of a school district that is budgeted 1 6 for administrative costs shall not exceed five percent of the 1 7 total authorized expenditures of a school district under this 1 8 section. "Administrative costs" shall be defined by rules 1 9 adopted by the department of education. 1 10 EXPLANATION 1 11 The inclusion of this explanation does not constitute agreement with 1 12 the explanation's substance by the members of the general assembly. 1 13 This bill provides that for budget years beginning on 1 14 or after July 1, 2018, the portion of the total authorized 1 15 expenditures of a school district that is budgeted for 1 16 administrative costs shall not exceed 5 percent of the total 1 17 authorized expenditures of a school district. "Administrative 1 18 costs" shall be defined by rules adopted by the department of 1 19 education. LSB 2590XS (2) 87 md/sc
