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GSGL-ll. COLLATERAL FOR DEPOSITORIES (B) <br />in the amount of collateral which <br />of <br />Depositories now are required to collateralize the deposits of local <br />government in the amount of 110 percent. This law is necessary to protect local <br />public treasuries from the dangers of financial institution. closures. The <br />legislature should recognize, however, insurance provided by the National Credit <br />Union Association to the same extent it recognizes insurance provided by the <br />Federal Depository Insurance Corporation (FDIC) and the Federal Savings and Loan <br />Insurance Corporation (FSLIC). <br />GSGL-12. GOVERNMENT TRAINING SERVICE FUNDING (B) <br />The <br />The Government Training Service (GTS) has been invaluable in maximizing <br />training opportunities while minimizing training costs for local government <br />officials and staff over the past six years. Both the need and the demand for <br />services are greater than ever during these times of tight budgets. GTS <br />continues to respond on behalf of all local jurisdictions in Minnesota by <br />developing innovative, low-cost alternatives and exploring cost-effective <br />delivery systems. The legislature should continue state financial support for <br />GTS. <br />GSGL-13 UNIFORM LOCAL GOVERNMENT ELECTION DAY (B) <br />The League opposes the designation of a uniform local government election <br />day. <br />Home rule charter cities currently have the authority through their <br />charters to designate when they want to hold their local elections. Statutory <br />cities may establish either an otd or even year November election date. <br />Decisions affecting only local units of government should be made at the <br />local level unless an overriding state interest can be demonstrated. The League <br />believes that there is no statewide necessity to provide for a uniform local <br />government election day. However, if the legislature enacts a uniform local <br />government election day, the following features must be included: <br />Home rule charter cities should retain the option of setting their own <br />election date. <br />2. Municipal primary elections should continue to be optional. <br />3. All direct costs of state -mandated changes and additions to present <br />city election duties should be paid by the state. <br />W1 <br />