Authorizes the Iroquois central school district to establish an insurance reserve fund

This bill authorizes the Iroquois Central School District to create an insurance reserve fund to help cover specific insurance claims and legal judgments. The legislation allows the district to use money from this fund for losses related to risks that the school is required to insure, provided it does not already have a separate reserve for those same risks. By adding the Iroquois Central School District to a list of other authorized school districts, the bill enables the district to manage its insurance liabilities more flexibly while remaining compliant with state education laws.