Amends fiscal policies for school districts.
Amends fiscal policies for school districts by establishing procedures for mid-year budget adjustments, requiring annual audits to report on reserve account balances, and mandating documentation of accrued liabilities for compensated absences. It also outlines criteria for significant unanticipated cost increases and the conditions for withdrawing funds from reserve accounts.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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