Emergency budget amendment tax levy
When a budget amendment has been adopted by the board of trustees under 20-9-161(2) and a district does not have sufficient funds, including insurance proceeds and reserves, to finance the budget amendment, the district may levy a tax in the ensuing school year to fund the expenditures authorized by the budget amendment. The amount levied may not exceed the unfunded amount of the budget amendment.
| EnactedEn. SectionSec. 11, ChapterCh. 6, Special Session LawsSp. L. July 1992 |
| AmendedAmd. SectionSec. 44, ChapterCh. 633, Laws ofL. 1993 |
| AmendedAmd. SectionSec. 110, ChapterCh. 584, Laws ofL. 1999 (SB 184 - Grosfield, Lorents (R) SD 13) |
| AmendedAmd. SectionSec. 14, ChapterCh. 237, Laws ofL. 2001 (SB 390 - Cobb, John (R) SD 25) |
| AmendedAmd. SectionSec. 118, ChapterCh. 574, Laws ofL. 2001 (HB 124 - Story, Bob (R) HD 24) |