§ 16-3-17. Capital outlay debt limitation.
The regional school district financial meeting or regional representatives under the provisions of § 16-3-14 shall be subject to the statutory debt limit for incurring debt for capital outlay purposes in those regional school districts embracing all the educational functions of the area to ten percent (10%) of the full valuation of the taxable real property within the district as determined by the department of administration. If this results in increasing the debt requirements over the debt limits of any town or city which represents less than half (½) of the true valuation of the regional school district, this shall not be considered as a violation of the debt limit in the town or city.
History of Section.P.L. 1958, ch. 197, § 1; P.L. 1988, ch. 336, § 5.
Structure Rhode Island General Laws
Section 16-3-1. - Purpose of chapter.
Section 16-3-2. - Purposes of regional school district schools.
Section 16-3-3. - Regional school educational services.
Section 16-3-3.1. - Creation of regional school district planning board.
Section 16-3-4. - Creation of planning committee — Appropriations.
Section 16-3-5. - Formation of regional planning board.
Section 16-3-6. - Studies and reports by planning board.
Section 16-3-7. - Recommendations as to establishment of regional district.
Section 16-3-7.1. - Equalized representation.
Section 16-3-7.2. - Transfer of North Providence school department.
Section 16-3-9. - Action by city or town on recommendations.
Section 16-3-10. - Acceptance by voters — Establishment of regional school district.
Section 16-3-11. - School committees of regional school districts — Powers and duties.
Section 16-3-12. - Regional school district financial meeting — Special meetings.
Section 16-3-13. - Powers of regional school district financial meeting.
Section 16-3-14. - Regional representatives.
Section 16-3-15. - Moderator and clerk.
Section 16-3-16. - Operation expenses.
Section 16-3-17. - Capital outlay debt limitation.
Section 16-3-18. - Transfer and use of plant.
Section 16-3-19. - Costs of operation — Payment of debts — Apportionment among district members.
Section 16-3-20. - Appropriations by member towns.
Section 16-3-21. - Payments by members.
Section 16-3-22. - Regional school fiscal year.
Section 16-3-24. - Additional state assistance.
Section 16-3-25. - Districts organized prior to 1959.
Section 16-3-26. - Appropriation for regionalization studies.