72-1436. Same; transfers from bond retirement fund to capital outlay fund. On the first day of July of each year, the board of education may transfer out of such bond retirement fund, to the capital outlay fund of such district, any balance which shall be in excess of the balance of principal and interest on bonds outstanding as of that date. Such funds transferred to the capital outlay fund may be expended by the district for any purpose for which other capital outlay funds may be expended.
History: L. 1968, ch. 65, ยง 4; Mar. 19.
Structure Kansas Statutes
Article 14 - Provisions Relating To The Use Of School District Property
72-1416 Control of school property; library services.
72-1417 Same; library services and facilities, agreements.
72-1418 Unified school districts operating public libraries.
72-1419 U.S.D. No. 500, Kansas City; power to establish and maintain public library.
72-1422 Recreation grounds and playgrounds; cooperation with cities.
72-1431 School buildings, closing; procedure.
72-1432 Vocational education building programs; sale of property authorized.
72-1433 Sale of building with bonds outstanding; disposition of proceeds of sale of school property.
72-1434 Same; prepayment of bonds.
72-1435 Same; investment of bond retirement fund.
72-1436 Same; transfers from bond retirement fund to capital outlay fund.