Certain fund transfers authorization for fiscal years 2025, 2026, and 2027

This bill (SF 1489) allows Minnesota school districts and charter schools to transfer unassigned funds between operating accounts for fiscal years 2025-2027 without increasing state aid or property tax authority. It also permits school boards to formally opt out of certain state laws or rules enacted after January 1, 2023, for the 2024-2025 through 2026-2027 school years. To use these provisions, school boards must adopt a written resolution specifying the purpose and amount of fund transfers or non-compliance with mandates, post the resolution online, and notify the education commissioner electronically. The bill applies only to the specified time periods and does not change existing state funding obligations.