Bill > S1469

This bill modifies Section 13E of Chapter 40 of the General Laws to increase the allowable special education reserve fund from 2 percent to 5 percent of a school district's annual net school spending. Net school spending is a technical term referring to the total amount of money a school district spends on education, including local and state funds, minus certain excluded expenses. By raising the percentage limit, the bill would give municipalities and regional governments more flexibility to set aside funds specifically for special education programs and services, potentially helping school districts better manage unexpected special education costs or plan for long-term special education needs without having to immediately draw from their primary operating budgets.

Government Affairs

https://malegislature.gov/Bills/194/S1469