Allowing school districts to annually retain year-end unassigned general funds.

This bill allows school districts to keep a portion of their unspent general funds at the end of the year, changing the limit from 5% to 3% of the budget. It also removes the ability for districts to indefinitely retain these funds, requiring annual authorization instead. This change affects how school districts manage their finances and how much unspent money they can carry over each year.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text