(1) The district school board shall be responsible for the administration and control of all local school funds derived by any public school from all activities or sources, and shall prescribe the principles and procedures to be followed in administering these funds consistent with regulations adopted by the State Board of Education.
(2) The State Board of Education shall adopt rules governing the procedures for the recording of the receipts, expenditures, deposits, and disbursements of internal funds.
History.—s. 610, ch. 2002-387.
Structure Florida Statutes
Title XLVIII - Early Learning-20 Education Code
Chapter 1011 - Planning and Budgeting
Part I - Preparation, Adoption, and Implementation of Budgets (Ss. 1011.01-1011.57)
Subpart A - District School Boards:Preparation, Adoption, andImplementation of Budgets
1011.02 - District school boards to adopt tentative budget.
1011.03 - Public hearings; budget to be submitted to Department of Education.
1011.035 - School district fiscal transparency.
1011.05 - Implementation of the official budget.
1011.051 - Guidelines for general funds.
1011.08 - Expenditures between July 1 and date budget becomes official.
1011.09 - Expenditure of funds by district school board.
1011.11 - Certain provisions to be directory.
1011.12 - Purposes of and procedures in incurring school indebtedness.
1011.13 - Current loans authorized under certain conditions.
1011.14 - Obligations for a period of 1 year.
1011.15 - Obligations to eliminate major emergency conditions.
1011.16 - Provisions for retirement of existing indebtedness which is unfunded or in default.
1011.17 - School funds to be paid to Chief Financial Officer or into depository.
1011.18 - School depositories; payments into and withdrawals from depositories.
1011.19 - Sources of district school fund.
1011.20 - Apportionment and use of district school fund.
1011.21 - Source and use of district interest and sinking fund.
1011.22 - Interest and sinking funds may be invested in certain bonds, warrants, and notes.
1011.23 - Disposition of balance in interest and sinking fund.