Introduced March 3, 2026
HB834
Log in to followAN ACT relating to school district finances.
Create a new section of KRS Chapter 160 to establish the calendar and procedures for a district superintendent and local board of education to adopt a school district budget; require that a budget must include a reserve of not less than 2%; amend KRS 156.200 to authorize the commissioner of education to examine the expenditures, business methods, accounts, financial accounts, and educational records of a local board of education to enforce state law, and to…
Plain-language summary
This bill sets new rules for how Kentucky school districts create and manage their budgets, including a requirement that each district keep a reserve fund of at least 2% to guard against financial shortfalls. It also gives the state Commissioner of Education new authority to review a local school board's spending and financial records if there is reason to suspect waste, fraud, or mismanagement, and to require corrective steps such as additional training or financial reporting. Who it may affect: local school boards and superintendents, and the students and families served by Kentucky public school districts.
Open official bill text (PDF)·Report a problem with the summary
Legislative History
Primary Sponsor
Mike Clines
Representative · House District 068
Bill Text Versions
Something wrong on this page? Tell us
