 Senate approves bill to allow for better use of school carryover funds OKLAHOMA CITY (March 21st) – The Senate approved legislation Monday by Sen. Jessica Garvin, R-Duncan, to give schools more flexibility in how and when they spend general carryover funds. SB 1126 would remove the carryover caps for such funds, allowing schools to better plan and save for future needs. “We must stop penalizing our local districts for being fiscally responsible and wanting to save unused general funds for essential future expenses,” Garvin said. “This change would stop the often wasteful and unnecessary district spending happening statewide to avoid losing funding. Instead, my bill will encourage and support responsible long-term strategic planning to improve educational outcomes through technological and infrastructure upgrades, hiring and retention incentives, and other critical areas. School financial decisions should be based on needs, not calendar deadlines.” Read more »by Jamison Faught - March 22, 2022 at 09:06AM |
 Senate approves bill to allow for better use of school carryover funds Click the title to read the entire article at Muskogee Politico |
Tuesday, March 22, 2022
Senate approves bill to allow for better use of school carryover funds
