The bill amends Minnesota Statutes 2024, section 126C.10, subdivision 14, to expand the allowable uses of total operating capital revenue for schools. Specifically, it introduces a new provision that permits the use of these funds to cover utility service costs, which is a significant addition to the existing list of permissible expenditures. Additionally, the bill removes the requirement to pay for opiate antagonists as a use of operating capital revenue, streamlining the focus of these funds towards essential operational costs.

The effective date for this amendment is set for fiscal year 2027 and later, allowing schools to plan for the inclusion of utility costs in their operating budgets. This change aims to provide schools with greater flexibility in managing their financial resources, ensuring they can adequately address essential services such as utilities alongside other operational needs.

Statutes affected:
Introduction: 126C.10