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

This bill authorizes the Goshen Central School District to create an insurance reserve fund to help cover specific insurance claims and legal judgments. The legislation amends state law to allow this district, along with several other named school districts, to set aside money for losses related to risks where insurance is permitted under current regulations. It explicitly prevents the use of these funds for certain excluded risks and for any losses already covered by other existing reserve funds. The measure takes effect immediately upon passage, providing a direct financial tool for the district to manage potential insurance liabilities.