A bill for an act relating to school district general fund flexibility accounts by expanding eligible funding sources and modifying expenditure approval requirements.

This bill (SF 2043) allows Iowa school districts to transfer unexpended and unobligated teacher salary supplement funds - calculated under section 257.10(9) - into their general fund flexibility accounts, provided all original funding requirements are met. It expands eligible funding sources for these accounts by explicitly including teacher salary supplements. The bill also removes the requirement for school boards to hold public hearings before approving expenditures from flexibility accounts, though it retains board resolution and reporting obligations. This change affects school districts managing these accounts, streamlining how leftover state funds can be reallocated.