Current Status Bill Number:View additional legislative information at the LPITS web site.3768 Ratification Number:405 Act Number:595 Introducing Body:House Subject:To amend Act 238 of 1983, relating to a tax levy for the School District of Greenville County, so as to provide that funds not needed to pay for an audit may be used to implement recommendations of the auditing firm
(A595, R405, H3768)
A JOINT RESOLUTION TO AMEND ACT 238 OF 1983, RELATING TO A TAX LEVY FOR THE SCHOOL DISTRICT OF GREENVILLE COUNTY, SO AS TO PROVIDE THAT FUNDS NOT NEEDED TO PAY FOR AN AUDIT MAY BE USED TO IMPLEMENT RECOMMENDATIONS OF THE AUDITING FIRM.
Be it enacted by the General Assembly of the State of South Carolina:
Levy
SECTION 1. Section 1 of Act 238 of 1983 is amended to read: "Section 1. The Board of Trustees of the School District of Greenville County is authorized to levy for the operation of the school district in fiscal year 1983-84 a tax in an amount not to exceed seventy-one and nine-tenths mills. Of the additional four and one-half mills that the seventy-one and nine-tenths mills constitutes over the fiscal year 1982-83 levy, four mills must be used for an across-the-board pay raise for all school employees and one-half mill must be used for a fiscal and management audit of the school district by a nationally recognized `Big Eight' accounting firm. Any funds derived from the one-half mill levy not necessary to pay for the cost of this fiscal and management audit must be applied to implement the recommendations of the auditing firm. Any such funds not used to implement the recommendations must be applied toward a reduction in the bonded indebtedness of the district. Any additional costs for implementation of audit recommendations must be bourne by the district. The tax levy for the school district of Greenville County shall revert to sixty-seven and four-tenths mills after fiscal year 1983-84."
Time effective
SECTION 2. This act shall take effect upon approval by the Governor.