Sec. 11m. From the state school aid fund money appropriated in section 11, there is allocated for 2025-2026 an amount not to exceed $5,000,000.00 for fiscal year cash-flow borrowing costs solely related to the state school aid fund established under section 11 of article IX of the state constitution of 1963.
Mich. Comp. Laws § 388.1611m
Fiscal year cash-flow borrowing costs
Add. 2006, Act 342, Eff
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.