The State Fiscal Accountability Authority may borrow in each year in anticipation of the receipt of revenues provided for school aid such sum or sums as may be necessary to pay any portion of the amounts appropriated herein and becoming due to the respective counties of the State prior to the collection thereof. Such notes shall be issued in such form and manner as the Board may elect and, when issued, are hereby declared to be current obligations of the State. But in lieu of borrowing as provided herein the Comptroller General may issue his warrant against the general fund in the treasury when it appears that sufficient funds are available therein, and the State Treasurer shall pay the same as provided in Section 59-21-130. Such withdrawals from the general fund, if made, shall constitute a loan to the school aid fund from the general fund, the same to be repaid when revenues provided for school aid are collected. The proceeds of such loan or loans shall be paid to the respective counties for school aid to the respective counties as provided in Section 59-21-130.
HISTORY: 1962 Code Section 21-264; 1952 Code Section 21-264; 1942 Code Section 5429; 1934 (38) 1221.
Structure South Carolina Code of Laws
Chapter 21 - State Aid For Schools
Section 59-21-10. "School" defined.
Section 59-21-20. Appropriation for teacher salaries based on term of 190 days.
Section 59-21-30. Schools operating times; minimum average daily attendance.
Section 59-21-40. Partial participation of small schools.
Section 59-21-50. Participation of small schools which cannot be consolidated.
Section 59-21-60. Part-time teachers not covered.
Section 59-21-90. Computation of years of experience of teachers.
Section 59-21-110. Allowance for supervision and overhead.
Section 59-21-120. Allowance for maintenance and operation.
Section 59-21-130. Disbursement to counties.
Section 59-21-140. State Fiscal Accountability Authority may borrow in anticipation of revenue.
Section 59-21-310. Definitions.
Section 59-21-320. Annual grant for financing needed capital improvements.
Section 59-21-330. Obligation to make grants subordinate to State school bonds.
Section 59-21-340. Application of grants.
Section 59-21-350. Purposes for which grants may be used.
Section 59-21-360. County plans of necessary capital improvements or tax relief.
Section 59-21-370. Applications for funds.
Section 59-21-380. Remittance and disbursement of funds.
Section 59-21-390. Employment of architects and other personnel.
Section 59-21-400. Rules and regulations.
Section 59-21-410. Letting of contracts.
Section 59-21-430. Use of funds within specified time.
Section 59-21-510. Definitions.
Section 59-21-530. State Superintendent authorized to employ additional personnel; salaries.
Section 59-21-540. Special educational services for which State aid allowed.
Section 59-21-550. Qualifications of teachers.
Section 59-21-580. Rules, regulations, and policies of State Board of Education.
Section 59-21-590. Confidentiality of data on handicapped children.
Section 59-21-600. Distribution of funds for educational services to mentally handicapped pupils.
Section 59-21-710. State aid authorized for employment of school psychologists.
Section 59-21-720. Psychologists shall have certificates.
Section 59-21-730. Payment of State aid; amount.
Section 59-21-750. Psychologist employed by State Department of Education.
Section 59-21-760. Rules and regulations.
Section 59-21-1040. Compensation and employer contributions; funding.
Section 59-21-1210. Campus incentive program established; funding.