Permits the Johnson City Central school district to create an insurance reserve fund

This bill permits the Johnson City school district to establish an insurance reserve fund under state law. The fund would allow the district to cover costs related to insurance claims it is required to maintain, such as property damage or liability incidents. It specifically authorizes Johnson City (among listed school districts) to use this reserve for approved insurance-related expenses without creating new insurance requirements. The bill provides a dedicated funding mechanism for existing insurance obligations but does not alter the district's overall insurance coverage needs.