Bill Would Let Districts in Financial Distress Borrow From or Convert Transportation Vehicle Funds; Rural Advocates Support SB 6,065 SB 6,065 would allow school districts under binding conditions or enhanced oversight to take temporary, interest-free interfund loans from transportation vehicle funds and petition to convert those loans to permanent transfers; proponents said it would help small rural districts avoid insolvency.

A new bill could be the lifeline for struggling rural school districts, allowing them to borrow interest-free from their transportation funds to avoid insolvency.

Learn more here!

#WA #FinancialOversight #CitizenPortal #BudgetFlexibility #SchoolDistrictSupport

Massachusetts Senate introduces bill for school district reserve funds Edward J. Kennedy sponsors bill allowing reserve funds for unanticipated school costs

Massachusetts Senator Edward J. Kennedy is championing a new bill that could revolutionize how school districts handle unexpected expenses!

Learn more here

#MA #BudgetTransparency #CitizenPortal #EducationFunding #SchoolDistrictSupport