Editorial: California school district reserve cap is ‘bad policy’
LA School Report | June 29, 2015
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By The Los Angeles Times Editorial Board
Despite broad bipartisan support, legislation to repeal an onerous cap on school district reserve funds didn’t have much of a chance in the Democrat-controlled California Legislature. The bill by Assemblywoman Catharine Baker (R-San Ramon) died in the Assembly Education Committee faster than you can say “opposed by the California Teachers Assn.”
But good ideas with broad support have a way of persisting, even in the toxic environment of partisan politics. The repeal bill may be dead, but in its place is a new campaign — backed by school districts, the state PTA, the League of Women Voters, education policy groups and others — to “modify” the cap in order to get Democrats on board. Hey, if that’s what it takes to relax the irresponsible rule that prohibits schools from socking away extra cash during boom years, that’s fine with us.
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