Jean Fuller
- Republican
Author
In a fiscal year immediately after a fiscal year in which a transfer is made into the Public School System Stabilization Account, existing law prohibits a school district's adopted or revised budget from containing a combined assigned or unassigned ending fund balance that is in excess of either 2 or 3 times the minimum recommended reserve for economic uncertainties adopted by the State Board of Education, depending on the school district's units of average daily attendance. Existing law authorizes the county superintendent of schools to waive the prohibition, pursuant to specified conditions, for up to 2 consecutive fiscal years within a 3-year period if the school district provides documentation indicating that extraordinary fiscal circumstances substantiate the need for the balance. This bill would repeal those provisions.
No votes to display
Returned to Secretary of Senate pursuant to Joint Rule 56.
April 29 set for second hearing canceled at the request of author.
Set for hearing April 29.
April 22 set for first hearing canceled at the request of author.
Set for hearing April 22.
Read first time.
From printer. May be acted upon on or after April 1.
Introduced. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB774 | HTML |
| 02/27/15 - Introduced |
| Document | Format |
|---|---|
| No related documents. |
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