S314 - Local Gov. Commission Assistance Toolkit. (SL 2021-124)

Session Year 2021

Overview: S.L.2021-124, effective August 30, 2021:

Delays the impact of changes to sales tax distribution formulas
Requires a statement indicating the municipality's prospects for financial viability and effective fiscal management be included on the petition for a new municipality
Requires training for city and county managers when a unit of local government exhibits fiscal distress
Establishes a process by which a city in financial distress could seek assistance and potentially dissolve.

Additional Information: