News from Thrun Law

President Obama Signs Sequestration Order

March 28th, 2013

     In response to the debt ceiling crisis of 2011, Congress passed the Budget Control Act of 2011 (“BCA”) as a legislative compromise to control the federal[...]

Cash Flow Borrowings

February 27th, 2013

Unlike prior years, the Michigan Finance Authority (“MFA”) will not offer a spring 2013 state aid note pool (i.e., the “bridge loan” program). However, school districts demonstrating an[...]

School Bond Program Altered

February 5th, 2013

The Michigan Legislature recently altered the School Bond Qualification and Loan Program through Public Act 437 of 2012 (effective December 31, 2012). This law caps the loan aspect[...]

Open Meetings Act Notice Requirement

February 4th, 2013

 Effective December 31, 2012, Public Act 528 of 2012 amended the Open Meetings Act to address certain posting and notice requirements. Public notice of rescheduled regular and special[...]

Correction: Part of Pledge Legislation Already Effective

January 17th, 2013

  Last month, we reported on new legislation that requires schools to: (1) erect and maintain U.S. flags on school premises; (2) provide students with a daily opportunity to[...]

Michigan Right-to-Work Legislation

January 4th, 2013

As you are now no doubt aware, on December 11, 2012, Governor Snyder signed Public Act 349 of 2012 ("PA 349"), which amends the Public Employment Relations Act[...]

Don’t Forget to File Your Qualifying Statement!

November 28th, 2012

The importance of obtaining “qualified” status each year from the Michigan Department of Treasury (“Treasury”) cannot be overemphasized. School districts, intermediate school districts, and public school academies that[...]