Massachusetts H4720 amends the Athol-Royalston Regional School District Financial Stability Fund by removing a requirement for board approval and.
Massachusetts H4720 amends the Athol-Royalston Regional School District Financial Stability Fund by striking a requirement for board approval for certain actions. It also mandates the transfer of any remaining funds from the Supplemental Reserve Fund to the Athol-Royalston Regional School District Financial Stability Fund. This act repeals section 5 of chapter 50, which previously governed the Supplemental Reserve Fund.
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