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Bill

A 9183

Permits the Johnson City Central school district to create an insurance reserve fund

2025 Regular Session Introduced by Donna Lupardo

Authorizes Johnson City School District to create an insurance reserve fund to cover future insurance costs, smoothing budgets and improving financial risk management.

REFERRED TO LOCAL GOVERNMENT
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Bill Summary · A 9183

Summary: Bill A 9183 — Permits the Johnson City school district to create an insurance reserve fund

Overview

  • Purpose: The bill would authorize the Johnson City school district to establish an insurance reserve fund. This would allow the district to set aside funds specifically to cover future insurance-related costs.
  • Sponsor: Donna Lupardo (primary).
  • Status: Referred to the Education Committee.
  • Introduced: October 17, 2025.
  • Related legislation: Senate companion S 8513 (listed as a companion bill).

What the bill would do

  • Create a mechanism for the Johnson City school district to establish and administer an insurance reserve fund. The fund would be dedicated to insurance-related expenses and earmarked for those purposes.
  • The bill’s text (not provided here) would specify governance, funding sources, permissible uses, and any restrictions or reporting requirements. Typically, such provisions would address how the fund is funded (e.g., annual district appropriations or transfers), how investments are handled, and how expenditures are approved and disclosed.

Why this matters

  • Financial planning and risk management: An insurance reserve fund can help a school district manage volatility in insurance premiums and claim expenses, potentially smoothing year-to-year budgetary fluctuations.
  • Local control: The measure focuses on Johnson City’s district-level governance, enabling tailored risk management strategies aligned with local needs.
  • Oversight and transparency: As a school-district fund, it would be subject to applicable state law requirements for reserve funds, including reporting and oversight by the district’s board and relevant state authorities.

Who is affected

  • Primary: Johnson City School District (district leadership, including the Board of Education and district administration).
  • Potentially affected stakeholders include taxpayers and local residents who contribute through district funding and taxes, as well as district employees whose insurance costs may be managed or offset by reserve fund activities.

Procedural and timeline aspects

  • Introduced and immediately referred to the Education Committee on October 17, 2025.
  • Referred to Education again on the same date (as listed in actions).
  • Next steps (if the bill progresses): The Education Committee would consider the measure, potentially amend it, and vote to move it to the floor. If advanced, it would need approval by both chambers and the governor to become law. The companion Senate bill S 8513 indicates parallel consideration in the Senate.

Notes

  • Specifics such as the fund’s allowable uses, funding mechanisms, investment rules, and reporting requirements would be defined in the bill’s text. This summary reflects the stated purpose and the general implications of authorizing an insurance reserve fund for the Johnson City school district.

Compiled from official sources — confirm details with the bill’s official record.

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