SB 590

  • California Senate Bill
  • 2017-2018 Regular Session
  • Introduced in Senate Feb 17, 2017
  • Senate
  • Assembly
  • Governor

School finance: school districts: annual budgets: reserve balance.

Abstract

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.

Bill Sponsors (9)

Votes


Actions


Feb 01, 2018

Senate

Returned to Secretary of Senate pursuant to Joint Rule 56.

Apr 26, 2017

Senate

April 26 set for second hearing. Failed passage in committee. (Ayes 2. Noes 2. Page 848.) Reconsideration granted.

Apr 17, 2017

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on ED.

  • Reading-2
  • Referral-Committee
  • Amendment-Passage
  • Committee-Passage
  • Reading-1
Com. on ED.

Apr 13, 2017

Senate

April 19 set for first hearing canceled at the request of author.

Senate

Set for hearing April 26.

Mar 30, 2017

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on ED.

  • Reading-2
  • Referral-Committee
  • Amendment-Passage
  • Committee-Passage
  • Reading-1
Com. on ED.

Mar 24, 2017

Senate

Set for hearing April 19.

Mar 02, 2017

Senate

Referred to Com. on ED.

  • Referral-Committee
Com. on ED.

Feb 21, 2017

Senate

From printer. May be acted upon on or after March 23.

Feb 17, 2017

Senate

Introduced. Read first time. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB590 HTML
02/17/17 - Introduced PDF
03/30/17 - Amended Senate PDF
04/17/17 - Amended Senate PDF

Related Documents

Document Format
No related documents.

Sources

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