2025 Session Last amended: 2020 session

§ 123A.75 — Employees of Reorganized Districts

Plain-Language Summary

This section establishes rules for school district fund balances and reserves, including limits on how much money a district can keep in reserve and how surplus funds are handled.

Practical Notes
School districts must manage their fund balances within limits set by law. If a district has too much in reserve, it may need to reduce tax levies or spend the surplus on educational programs.