Columns

Recently we told you about a bill regarding public access to critical data that was waiting for the governor’s signature. Senate File 1770 had already received unanimous support in the House and the Senate. Known as the Timberjay bill, it would require that all government contracts with private business be subject to the Minnesota Data Practices Act, even if that open access is not specifically identified in the contract.

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Many mutual funds have dividend and capital gains reinvestment plans. Under these plans, mutual fund shareholders do not take (or keep) their distributions from the mutual fund in cash but, rather, reinvest all the dividends and capital gains distributions received in new shares of the fund. Mutual funds have found that the various reinvestment plans are popular. In some funds as much as 95 percent of the capital gains and dividend distributions made to shareholders are reinvested by the shareholders in additional shares of the same fund.

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Every country that has a monetary system of its own has some kind of money market (not to be confused with money market fund investments). The term money market refers to the short-term borrowing and lending of money. These financial markets are not necessarily located in any particular place; they are arrangements for the purchase and sale of financial instruments. New York City is still the major financial center of the nation and, accordingly, the great majority of security transactions are ultimately channeled there.

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Each school year seems to go faster than the previous. So, another school year is coming to a close. Time does fly when you are having fun, or as some say, when you start to get older. Speaking of fun, one of the most rewarding parts of being an associate superintendent for middle schools is that I have the chance to go with Superintendent Carlson and Jennifer Cherry, our Title IX coordinator, to meet with focus groups of middle school students. These groups of around 20 or so students represent the diversity in the student population.

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Fortunately legislators mostly listened to community leaders and students like Sam Petrov, Cherish Kovach, Kelly Charpentier-Berg and Aaliyah Hodge as they considered Minnesota’s pioneering Postsecondary Enrollment Options law. After months of debate, and on a bipartisan basis, legislators agreed with students and many community and business groups that families and students need more, and more up-to-date, information.

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