Same As
Authorizes the city school district of the city of Salamanca to establish a reserve fund for federal impact aid in the event such aid is reduced.
Authorizes school districts to borrow against certain reserve funds, pursuant to a resolution adopted by the board of education of such school district.
Authorizes school districts to borrow against certain reserve funds, pursuant to a resolution adopted by the board of education of such school district.
Authorizes certain school districts and their municipalities to sign a memorandum of understanding authorizing a one-time annual increase to the amount of school district expenditures funded by city funds to be excluded from the maintenance of effort calculation.
Authorizes certain school districts and their municipalities to sign a memorandum of understanding authorizing a one-time annual increase to the amount of school district expenditures funded by city funds to be excluded from the maintenance of effort calculation.
Permits the establishment of reserve funds for unanticipated costs relating to special education, provided that the amount in such fund shall not exceed four percent of the district's current school year budget.