HI SB2591

Requires principals to consult with school community councils when expending funds allocated to their schools under the weighted student formula.

Mandates that the weighted student formula include a superintendent's reserve fund for discretionary allocation by the Department of Education.

Grants the Department of Education discretion to allocate superintendent's reserve funds to specific schools, subject to recommendations from the committee on weights regarding the reserve amount and usage criteria.

Applies weighted student formula procedures to charter schools only for fiscal years in which they elect to receive allocations under the formula's methodology.