Pennsylvania HB2735 limits unreserved fund balances for school districts starting in the 2027-2028 school year.

HB2735 amends the Public School Code of 1949 to set new limitations on unreserved fund balances for school districts starting in the 2027-2028 school year. The bill specifies that no school district can approve an increase in unreserved fund balances that exceed certain percentages based on the district's total budgeted expenditures. These percentages range from 8% for districts with expenditures of $19 million or more, to 12% for those with expenditures of $11 million or less.

Pennsylvania HB2735 limits unreserved fund balances for school districts starting in the 2027-2028 school year.

HB2735 amends the Public School Code of 1949 to set new limitations on unreserved fund balances for school districts starting in the 2027-2028 school year. The bill specifies that no school district can approve an increase in unreserved fund balances that exceed certain percentages based on the district's total budgeted expenditures. These percentages range from 8% for districts with expenditures of $19 million or more, to 12% for those with expenditures of $11 million or less.