Committee advances bill to monitor districts with low fund balances, authorizes OSPI technical assistance
A proposed substitute to House Bill 2,593 would place districts with year‑end general fund balances below required minimums on formal financial monitoring, require monthly reporting for monitored districts, and authorize OSPI to withhold apportionments for reporting failures; the committee reported the substitute (11–3, 5 excused).
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The House Education Committee reported substitute House Bill 2,593 after debate over how best to monitor district financial health. Staff described a proposed substitute (H3376.1) that removes calendar‑based minimums and instead directs the Office of Superintendent of Public Instruction (OSPI) to place low‑balance districts on formal financial monitoring beginning in the 2027–28 school year.
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