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Contra Costa Times/Oakland Tribune editorial: State lawmakers should lift cap on school district reserves

"State legislators and Gov. Jerry Brown are playing an irresponsible game of financial chicken with local school districts....

Finally, a bipartisan group of legislators has proposed a compromise. The effort is led by state Sens. Jerry Hill, D-San Mateo, and Steve Glazer, D-Orinda, with support from Assembly Republican Leader Kristin Olsen of Modesto and Assemblywoman Catharine Baker, R-Dublin.

SB 799 addresses union claims that some districts are hoarding money, yet allows them to maintain minimally acceptable reserves." 

Read More: http://www.contracostatimes.com/news/ci_28680277/contra-costa-times-oak…