We have carryover IMFRP funds from fiscal year 2007-08; can we transfer these funds into our general fund pursuant to the flexibility provisions?
Yes. LEAs may transfer any remaining instructional materials fund balances existing as of June 30, 2008. While Senate Bill 4 of the 2009-10 Third Extraordinary Session (SBX3 4) specifically excluded instructional materials fund balances existing as of June 30, 2008, from being included in any flexibility provisions, Assembly Bill 2 of the 2009-10 Fourth Extraordinary Session (ABX4 2) subsequently removed the exclusion for instructional materials.
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