Authorizes school districts to establish reserve funds for special services or programs upon approval by the board of education of such district in an amount not to exceed 10% of other reserve funds of the district.
Same As
Authorizes school districts to establish reserve funds for special services or programs upon approval by the board of education of such district in an amount not to exceed 10% of other reserve funds of the district.
Authorizes school districts to borrow against certain reserve funds, pursuant to a resolution adopted by the board of education of such school district.
Relates to repair reserve funds for municipal corporations, school districts, boards of cooperative educational services, district corporations and improvement districts.
Authorizes certain school districts to establish excess tuition reserve funds; applies only to school districts with an enrollment of fifteen hundred students or less where the total cost of tuition payments to other school districts is one million dollars or more.
Provides that any school district may establish a reserve fund for the payment of unanticipated costs related to pupil transportation in excess of public funds apportioned to districts for such purposes.
Authorizes the boards of education in union free school districts and central school districts to establish wards for the purpose of school board elections.