California - SB751

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

Introduced

February 17, 2017

Description

Slightly different than AB 235 (O’Donnell), this CSBA sponsored bill would amend the existing reserve budget cap law to apply only to unassigned ending balances, would set the cap at 17 percent, and would exempt basic aid districts and any district below 2,501 ADA. 

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