Addressing school district accounting, budgeting, and reporting requirements.

 H-3428.1

SUBSTITUTE HOUSE BILL 2593

State of Washington

69th Legislature

2026 Regular Session

By House Education (originally sponsored by Representatives Rude, Callan, and Pollet; by request of Superintendent of Public Instruction)

READ FIRST TIME 02/04/26.

AN ACT Relating to school district accounting, budgeting, and reporting requirements; and adding new sections to chapter 28A.505 RCW.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1. A new section is added to chapter 28A.505 RCW to read as follows:

(1) Beginning in the 2027-28 school year and each fiscal year thereafter, the office of the superintendent of public instruction must place school districts with general fund balances at the end of the year that are below the minimum amounts required by subsection (2) of this section on formal financial monitoring.