Authorizes fiscal reserve funds for institutions providing instruction to the deaf and blind starting in the 2026-2027 school year.

The bill amends the education law to authorize institutions providing instruction to the deaf and blind to retain fiscal reserve funds starting in the 2026-2027 school year. These funds, which are to be carried forward as total reimbursable costs, must be separate from other retained surplus funds and are to be expended only with authorization from the institution's governing board. The annual retention limit is set at one percent of the institution's total allowable and reimbursable costs, with a cap of four percent in total.

Authorizes fiscal reserve funds for institutions providing instruction to the deaf and blind starting in the 2026-2027 school year.

The bill amends the education law to authorize institutions providing instruction to the deaf and blind to retain fiscal reserve funds starting in the 2026-2027 school year. These funds, which are to be carried forward as total reimbursable costs, must be separate from other retained surplus funds and are to be expended only with authorization from the institution's governing board. The annual retention limit is set at one percent of the institution's total allowable and reimbursable costs, with a cap of four percent in total.