SF 31 (LSB 1643XS (1) 88)

SENATE FILE 31

BY  ZAUN

A BILL FOR

An Act establishing a limitation on the amount of administrative costs for school districts.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 257.7, Code 2019, is amended by adding the following new subsection:
   NEW SUBSECTION.  3.  Administrative costs.  For budget years beginning on or after July 1, 2020, the portion of the total authorized expenditures of a school district that is budgeted for administrative costs shall not exceed five percent of the total authorized expenditures of a school district under this section. “Administrative costs” shall be defined by rules adopted by the department of education.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill provides that for budget years beginning on or after July 1, 2020, the portion of the total authorized expenditures of a school district that is budgeted for administrative costs shall not exceed 5 percent of the total authorized expenditures of a school district. “Administrative costs” shall be defined by rules adopted by the department of education.