Expands eligible funding sources for school district general fund flexibility accounts and modifies expenditure approval requirements.

This bill expands the list of eligible funding sources for school district general fund flexibility accounts to include teacher salary supplement funds. It allows school districts to transfer unexpended and unobligated teacher salary supplement funds into the flexibility account if all requirements are met. The bill also removes the requirement for a public hearing before approving expenditures from the flexibility account, while retaining board resolution and reporting requirements.

Expands eligible funding sources for school district general fund flexibility accounts and modifies expenditure approval requirements.

This bill expands the list of eligible funding sources for school district general fund flexibility accounts to include teacher salary supplement funds. It allows school districts to transfer unexpended and unobligated teacher salary supplement funds into the flexibility account if all requirements are met. The bill also removes the requirement for a public hearing before approving expenditures from the flexibility account, while retaining board resolution and reporting requirements.