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S05689 Summary:
| BILL NO | S05689A |
| SAME AS | SAME AS A07815-A |
| SPONSOR | FLANAGAN |
| COSPNSR | |
| MLTSPNSR | |
| Amd SS1608, 1716, 1950 & 2116-b, add S3653, Ed L; amd SS6-e, 6-h, 6-p & 6-r, Gen Muni L | |
| Reforms aspects of local government and school accountability; requires notice of reserve funds; amends the powers and duties of boards of cooperative educational services; requires resolution for reserve funds; addresses tax stabilization reserves, reserves for bonded indebtedness and employee benefit accrued liability reserves; authorizes school districts and boards of cooperative educational services to establish retirement contribution reserve funds for the purposes of the New York state teachers' retirement system. | |