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House leaders say large district reserves prompt questions about directing funds to teachers
Summary
Lawmakers at the briefing raised concerns about some school districts holding large reserve balances — citing figures for Alpine and Jordan districts — and said the legislature will ask districts to explain why funds are held rather than being redirected to teacher pay or classroom needs.
Reporters raised figures suggesting some school districts hold large investment and savings balances — Speaker 7 referenced numbers "close to a half $1,000,000,000" for some districts and more than "$400,000,000 in the Jordan district" — and asked whether the legislature is concerned those reserves are excessive, especially while teachers pay…
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