Kentucky legislation · 2026 Regular Session
Kentucky HB834: AN ACT relating to school district finances.
Status: In committee, March 10, 2026
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 take certain actions upon reason to suspect waste, fraud, fiscal mismanagement, or inaccurate accounts; establish parameters for the commissioner of education when considering an examination; authorize the commissioner of education to require additional training or financial reports to correct issues; provide for oversight by the Kentucky Board of Education; amend KRS 157.440, 160.390, 160.460, 160.470, 160.473, 160.530, 160.550, and 424.250 to conform.
What the bill says
An act relating to school district finances.
From the introduced text:
AN ACT relating to school district finances. Be it enacted by the General Assembly of the Commonwealth of Kentucky: SECTION 1. A NEW SECTION OF KRS CHAPTER 160 IS CREATED TO READ AS FOLLOWS: (1) Each local board of education, with the assistance of the district superintendent and district finance officer, shall establish a budget for each fiscal year as follows: (a) On or before January 31, the superintendent shall submit to the local board for review at a public meeting a draft budget that provides line item estimated revenues and proposed expenditures for the subsequent fiscal year; (b) On or before May 31: 1. And at least two (2) weeks prior to the public meeting required by subparagraph 2. of this paragraph, the superintendent shall submit to the local board a complete proposed tentative budget for the local board's consideration; and 2. At a public meeting of the local and b. After any discussion or amendment, the local board shall adopt a tentative budget for the subsequent fiscal year; and (c) On or before September 30: 1. And at least two (2) weeks prior to the meeting required by subparagraph 2. of this paragraph, the superintendent shall: a. Submit to the local board a complete proposed working budget for the local board's consideration; b. Submit to the local board …
Sponsors
- Mike Clines (R, HD-068) · primary sponsor
Latest actions
- : to Primary and Secondary Education (H)
- : to Committee on Committees (H)
- : introduced in House
Subjects: Education, Elementary And Secondary, Budget And Financial Administration, Boards And Commissions, Education, Finance
Common questions
- What is HB834?
- HB834 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT relating to school district finances.
- What does HB834 do?
- In its own words: An act relating to school district finances.
- What is the status of HB834?
- In committee as of March 10, 2026. Latest action: to Primary and Secondary Education (H) (March 10, 2026).
- Who sponsored HB834?
- Mike Clines (R, HD-068).
- Where is the official record for HB834?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/hb834.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.