Bill > S00697

This bill allows school districts to establish an extraordinary needs reserve fund specifically for unanticipated expenses related to special education services. The bill amends the education law to permit school districts to create a dedicated financial reserve that can be used to cover unexpected costs associated with providing instruction to students with special needs, as defined in existing education law. By creating this reserve fund, school districts will have more financial flexibility to address sudden or unplanned expenses related to special education programming without immediately disrupting their existing budget allocations. The provisions of this bill would take effect on the first day of July following its enactment, giving school districts a new financial tool to manage potential special education cost fluctuations. The bill recognizes that special education services can sometimes involve unpredictable expenses and provides a mechanism for districts to prepare financially for such scenarios.

Education

https://www.nysenate.gov/legislation/bills/2025/S697