California School Administrators Object To Draft Bill That Caps Emergency Reserves

 

The Sacramento (CA) Bee (6/11) reports in its “Capitol Alert” blog that school officials objected to “last-minute budget language” in a draft bill “that would cap the amount of money California school districts may set aside for economic uncertainties,” limiting the amount “to two or three times the minimum required.” The Bee says the reserve limits are considered “a potential victory for public employee unions resistant to tying money up in reserves,” but administrators consider the limits “‘fiscally irresponsible’ and inconsistent with principles of local control.” The administrators backed a letter send to Gov. Jerry Brown’s (D) Administration and California lawmakers to object to the draft bill language and its last-minute appearance.