The issue between Turner and the OFT came to light this week when Turner blasted Cropper for an April 17 email the union president sent to her members that was entitled «Say NO to local
levy money for charters.»
The charter school gets tax money like other public schools, although new charter schools would get
local levy money only from levies approved after the school opens.
Amongst other things this will involve introducing a national retraining scheme, changing the rules on what the
Apprenticeship Levy money can be used for and introducing a right to lifelong learning in digital skills.
«We just don't like the precedent of local
levy money going to support charter schools,» said Cropper.
Still, Cropper acknowledged that the union is dead set against the provision that would require the city schools to
share levy money with high performing charters in the city.
Section 7 - 9 of the Real Estate Council Rules was amended on July 1, 2012 to require a brokerage that holds special
levy money on behalf of a strata corporation to hold that money in at least one trust account separate from the operating fund account and the contingency reserve fund (CRF) account.
(c) if the amount received is only
special levy money it must be paid into an applicable trust account under subsection (2)(c);
This has already caused uproar with Labour decrying the fact that
all levy money was Labours in full and Labour would go to court to get it.
Levy money must be claimed back within two years of it being paid and it can only be used for the training and assessment of apprentices, i.e. it can't be used to pay salaries.
In February, the previous Government announced that the # 415 million
levy money would be invested in facilities to support sports, after - school activities and promoting healthy eating, as part of a healthy pupils capital programme.
Dave Cobb, from the National College of Education, which was set up last October to run courses aimed at helping schools use
their levy money, said his organisation had spoken to more than 40 trusts and signed up around 400 apprentices, but was worried about schools» engagement.
The letter clearly states the OFT's opposition to the levy sharing provision and Turner said it is loaded with buzz words to fire up the teachers by mentioning Senate Bill 5, noting that
levy money would go to «for - profit» charter schools and mentioning Kasich's support of the measure.
Cropper said the plan all along was for the state teachers union to pick up the battle for the local union on the issue of
the levy money for charters.
If you deposit this check in your bank account, it's possible for private creditors to
levy this money.
It is our belief that the Apprenticeship Levy should be renamed as the Skills Levy, and that it should be possible for
levy monies to be spent on high quality traineeships and other forms of training that will benefit individuals, employers and the economy as a whole.
(ii) the amount received in respect of contingency reserve fund money or special
levy money must then be dealt with in accordance with subsection (4).
(a) if the amount received does not include contingency reserve fund or special
levy money, it must be paid into an applicable trust account under subsection (2)(a);
an indication of whether the strata management company will be holding one or more of the contingency reserve fund money, operating fund money, special
levy money, and any other amounts;
(c) if the brokerage is to hold special
levy money, at least one separate trust account in the name of the strata corporation for the special levy money.
(4) If subsection (3)(d) applies, within 7 days after the end of the month in which the contingency reserve fund money or special
levy money was received, the brokerage must either
The funds were deposited into the CRF bank account (as previously allowable) and the majority of the special
levy money has now been spent.