Establishes an energy reserve fund for school districts and boards of cooperative educational services

This bill allows New York school districts and cooperative educational services boards to create an energy reserve fund for paying electricity and heating costs without needing voter approval. Unspent funds in the current fiscal year can be rolled over to the next year's budget instead of being returned to the general fund. It also removes the requirement for voter authorization when spending from these specifically designated energy reserves. The bill directly affects school districts managing energy expenses, providing greater budget flexibility for these costs.